Claims: time limits
Para 83W Sch18 Finance Act 1998
Claims to Theatre Tax Relief (TTR), whether for:
- an additional deduction (TTR55020), and/or
- a Theatre Tax Credit (TTR55100)
may be made, amended or withdrawn up to the first anniversary of the Theatre production Company’s (TPC’s) filing date for the period in question.
Where there is a late claim it should be dealt with in accordance with the guidance at Statement of Practice SP05/01. While this does not specifically refer to TTR the approach is a general one that HMRC adopts.
If, having considered the approach outlined there, a late claim cannot be agreed, the case should be referred to CTIS (Technical Claims Specialist) before the claim is refused.