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HMRC internal manual

Company Taxation Manual

From
HM Revenue & Customs
Updated
, see all updates

CTSA: the filing obligation: period accounts to cover

The accounts to be delivered are those for the period that either coincides with, or includes, the accounting period for which a return is required.

If:

  • the company is outside the charge to CT for the return period (for example, because it is dormant),

and

  • there are no accounts covering the return period,

the accounts required are those for the most recent previous period of account.

Example 1 - accounts coincide with a return period.

Company A makes up accounts for the year to 31 December 1993, which is an accounting period.

  • A return is required for the year to 31 December 1993.
  • The accounts to be delivered are for the year to 31 December 1993.

Example 2 - accounts include a return period.

Company B makes up accounts for the 18 months to 30 June 1994.

It has accounting periods ending on 31 December 1993 and 30 June 1994.

  • A return is required for the year to 31 December 1993.
  • The accounts to be delivered are for the 18 months to 30 June 1994.

Example 3 - company not within the charge to CT.

Company C is dormant and makes up its accounts for the year to 31 March 1994.

  • A return is required for the year to 31 December 1994.
  • The accounts to be delivered are for the year to 31 March 1994.