Corporation tax self-assessment (CTSA): Claims and elections: Must be made in a return
A company cannot make certain claims before it delivers its return for the period to which the claim relates (FA98/SCH18/PARA9). These claims are:
- repayments of IT underCTA09/S3
- repayments of IT due to exemptions from IT under the CT Acts,
- payments of tax credit, unless the company is wholly exempt from CT,
- investment relief under the corporate venturing scheme.