I’m looking at the possibility of automating our monthly corporation tax reminders. We use CCH, and the report function enables me to run a report each month, which shows all the clients that have a corporation tax liability to pay.
There is also an email merge function where I can have a standard wording explaining how to pay etc, and the client specific information is fed in from the report I run (company name, amount, UTR, contact email address).
On the whole, I can get a pretty decent looking reminder set up, which shouldn’t take too long to run and send for a batch of clients.
The problem with corporation tax is of course the payment reference, where we need to add in A001**A to it.
I know we can just go for a generic A00101A to the end, and it’ll make it’s way to the correct period eventually. Putting the side that it doesn’t look particularly professional, could we encounter problems at HMRCs end if suddenly 700+ companies from us suddenly started using a generic accounting period in their reference?
Has anyone ever encountered any problems using a generic accounting period? We’ve had to do it in the odd case in the past without issue.
All client’s is probably too much. I think I may already have my answer to this.