I was in the same position with two clients. Tired of HMRC's excuses, I amended and re-filed the previous year's CT600's with the carried back loss. This reduced the corporation tax payable for those years and threw up the credit on their records, which was then refunded to the clients as I included the business' bank account details on the forms. Both were for £2k each though. Probably worth a try in your case as it could push things along - worse case scenario, you are chasing an actual refund and not the carry back to be actioned..
I have just called HMRC. They are "aware of the issue" but have no timescales for resolution. They advise all those affected to call the online helpdesk and create a case.
1. £575-£800pcm through the Job Retention Scheme
2. A 6 month interest free loan of the Self Assessment payment due in July 2020
3. 12-9 month interest free loan of the VAT due between April to June 2020
4. Delay/Deferring Corporation Tax - not announced but something we have always been able to do. We can adjust a company's reporting period to reduce or delay their future corporation tax liabilities. This will need to be assessed on a case by case basis.
I personally think the above is more then generous considering the tax efficiencies gained over the years.
My answers
https://www.gov.uk/government/publications/employment-allowance-more-det... - additional employee test
Renewed end of October, got confirmation yesterday.
You should get yours within the next 4 weeks.
I was in the same position with two clients. Tired of HMRC's excuses, I amended and re-filed the previous year's CT600's with the carried back loss. This reduced the corporation tax payable for those years and threw up the credit on their records, which was then refunded to the clients as I included the business' bank account details on the forms. Both were for £2k each though. Probably worth a try in your case as it could push things along - worse case scenario, you are chasing an actual refund and not the carry back to be actioned..
I have just called HMRC. They are "aware of the issue" but have no timescales for resolution. They advise all those affected to call the online helpdesk and create a case.
Thanks all.
No support? Are you sure?
1. £575-£800pcm through the Job Retention Scheme
2. A 6 month interest free loan of the Self Assessment payment due in July 2020
3. 12-9 month interest free loan of the VAT due between April to June 2020
4. Delay/Deferring Corporation Tax - not announced but something we have always been able to do. We can adjust a company's reporting period to reduce or delay their future corporation tax liabilities. This will need to be assessed on a case by case basis.
I personally think the above is more then generous considering the tax efficiencies gained over the years.
https://www.gov.uk/guidance/self-billing-notice-70062
Recently Formed are an excellent service at a reasonable price.
Starling Bank is where you need to go guys. No fees. Actually a bank.
It's not a bank and is not covered by the fscs.