CT Pay and File: assessments: small liabilities
When a company receives a notice to deliver, it must deliver a return even if there is little or no liability to tax.
The logging of a return for a CT Pay and File AP creates a charge to tax on the COTAX record. You do not need to issue an assessment to create that charge.
However, HMRC agreed with accounting bodies to make an assessment in every case in which income arises.
There is, therefore, no assessing tolerance and you should assess every liability.
Note: For exceptions to this general rule see COM23110.
For legislation applying to this subject, see COM151051.