CT600 Return submission problem - resolved
HM Revenue and Customs (HMRC) experienced technical problems processing some Corporation Tax online return submissions from 10 July 2017 to 12 July 2017. This has now been completely resolved and all affected returns fully processed.
Customers who submitted returns during this period should continue to poll for the submission response. Please do not resubmit as this may cause duplication.
If, after reading the above, you continue to experience a problem, please contact the Online Services Helpdesk.
HMRC online tax registration return service - customers already registered for the Corporation Tax online service
HMRC are aware if you’re already registered for the Corporation Tax online service, you won’t currently be able to use the online registration service to notify HMRC of a change in trading status.
If you’re already registered (have a user ID and password for the Corporation Tax online service) and need to tell HMRC that your company or organisation has ceased to be dormant and is now active, you’ll need to notify HMRC in writing.
HMRC’s free Corporation Tax online return service not showing final submission response
HMRC are aware that the free Corporation Tax online return service may not display the final submission status during filing.
Customers who submit returns using the HMRC service will receive an on-screen acknowledgment (‘Submission successful’ or ‘Submitted’) during online filing, but this doesn’t confirm the final status. Customers using the free service need to login again and check the dashboard to establish the submission outcome, which will be either ’Submission error’ or ‘Submission complete’ (successful).
Customers are strongly advised to log back into the service following online submission and view the dashboard. You can track your submissions here to determine the final submission status anytime within 30 days of filing.
Changes that may affect your Company Tax Return
As confirmed at Spring Budget 2017, the government will legislate in Finance Bill 2017 to reform the rules governing corporate losses carried forward from earlier periods.
The reform will:
give all companies more flexibility by relaxing the way in which they can use losses arising on or after 1 April 2017 when they are carried forward
restrict the use of losses carried forward by companies so that they can’t reduce their profits arising on or after 1 April 2017 by more than 50%
Currently carried forward losses can only be used by the company that incurred the loss and certain losses can only be set against certain types of income, for example trading losses can only be used against trading profits. The reform will give companies more flexibility. The loss relaxation will mean that losses arising from 1 April 2017, when carried forward, can be set more flexibly against the total taxable profits, rather than particular types of income.
The restriction will apply to a company or group’s profits above £5 million. Carried forward losses arising at any time will be subject to the restriction.
The HMRC Corporation Tax online service and the CT600 return form will be updated by the end of Autumn 2017. You can file online before the Corporation Tax online service is updated if you’re filing a return for an accounting period that ends before 1 April 2017 or ends after 1 April 2017 and you don’t want to set carried forward losses against total profits in line with this new relaxation, and/or you’re not required to restrict the amount of carried forward losses that are set against profits.
If you’ve an urgent need to file your Company Tax Return before the end of Autumn 2017, please contact HMRC for further advice.
Significant changes to HMRC free filing service for Company Tax Returns
HMRC is replacing its existing free filing PDF software with a new online service, designed for unrepresented companies, clubs and charities with straightforward tax affairs. The new online service is available now and you can use it if it suits your circumstances.
You can use the existing PDF software until 17 April 2017 to download Company Tax Returns for accounting periods ending on or before 31 December 2015, but not for later accounting periods.
You’ll still be able to file any Company Tax Returns downloaded prior to 17 April 2017, or file amendments to original returns already downloaded, until February 2018.
HMRC Corporation Tax online filing software - called up share capital
Companies limited by guarantee (who don’t have share capital) can still use HMRC’s software to submit your Company Tax Return and accounts. You should enter the amount that the company’s members have agreed to contribute in the event of the company being wound up at AC70 as called up share capital (and in boxes AC280/AC281 for the current period and AC273/AC274 for previous period). You should also enter a suitable explanatory note in the accounts notes - called up share capital - additional information box.
If, after considering the above, you continue to experience a problem, please contact the Online Services Helpdesk.
HMRC Corporation Tax online filing software security trust setting changes
Before Adobe Reader will allow you to use the HMRC Corporation Tax online filing software you’ll need to enable the security trust settings once the form has been successfully downloaded. We’ve produced a handy guide on changing trust settings and common problems with solutions to assist you with these changes. You can also access these instructions from the ‘Introduction’ screen within the form once it has been downloaded.
If you still experience problems with the trust setting changes after following the guidance please contact the Online Services Helpdesk.