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Marginal rate relief not given on loss carry back

Marginal rate relief not given on loss carry back

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Not sure if it's just me but this has happened twice now in the last couple of weeks. Have received CT repayments for clients from HMRC following loss carry backs from 2013 to 2012. On both occasions, the revised HMRC calculation has not given marginal rate relief but calculated tax due at full rate. As a result, the repayments are lower than expected.

Anyone else had any problems with this?

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RLI
By lionofludesch
24th Apr 2014 16:36

No

But marginal relief/small companies rate is something that, technically, you have to claim.

Have you claimed it ?

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Replying to Paul D Utherone:
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By Peter Cane
25th Apr 2014 09:29

Yes

Must admit that on the first one, we simply included a claim for losses to be carried back with the 2013 computation. However, on the second one, we actually submitted a revised CT600 and computation for 2012 to include the claims for loss carry back and marginal rate relief. HMRC seem to have ignored the entries in boxes, 64, 65 & 70 of the 2012 CT600.

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RLI
By lionofludesch
25th Apr 2014 10:05

Oh well ....

Oh well, it was just a guess.

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