Corporation Tax self-assessment (CTSA): the payment obligation: payment of tax credit
Claims to payments of tax credit must be made in the company’s return or in an amended return.
This applies whenever a company makes a claim to payment of tax credit, for example, where a wholly or partly exempt company claims under CTA2010/S1109 (CTM16130).
Note that this only applies when:
- the company is wholly exempt or
- only chargeable on trading income and
- the tax credit is one in respect of which the company could claim a payment on account under ICTA88/SCH19AB (pension business). (FA98/SCH18/PARA9 and PARA57).
You should not normally call for vouchers in support of the claim.