COM154058 - CT Pay and File: automatic and non-automatic repayments: early repayment - responsible office: legislation
The table below gives a brief explanation of what the legislation relevant to this subject contains.
Section | Explanation |
Section 10(3) (S10(3)) Income and Corporation Taxes Act (ICTA) 1988 | After the CTPF material dates (see COM128042) / CTSA material dates (see COM128043) for the Accounting Period (AP), a company may claim repayment of CT it believes it has overpaid. The claim must be made either before an assessment is made or before one has become final. |
10(4) ICTA 1988 | If a caseworker does not wish to accept a claim the company may refer it to the Tribunal for determination. |
10(5) ICTA 1988 | A claim may be made in conjunction with an appeal against an assessment. The claim can only apply to tax paid before the assessment was made. |
55(3) Taxes Management Act (TMA) 1970 | Application to postpone collection of tax made in conjunction with an appeal against an assessment. |
55(4) TMA 1970 | Application to vary the amount of tax postponed. |