SolvedCTM35110 | Income Tax: collection of tax on annual payments: return periods
From HM Revenue & Customs · Company Taxation Manual
A company is required to make returns under ITA07/PART15/CHAPTER15 for each return period. A return period is a period
of up to 3 months,
starting at the beginning of the accounting period, or after the end of a previous return period in that accounting period, and
ending on 31 March, 30 June, 30 September, 31 December or at the end of the accounting period.
Building Socieities have different return periods ending on 28 or 29 February, 31 May, 31 August and 30 November.
Company Example
A company draws up its accounts to 31 May annually. The return periods are:
| 1 June 2014 to 30 June 2014 | 1 month |
| 1 July 2014 to 30 September 2014 | 3 months |
| 1 October 2014 to 31 December 2014 | 3 months |
| 1 January 2015 to 31 March 2015 | 3 months |
| 1 April 2015 to 31 May 2015 | 2 months |
A return is required for every return period in which it makes a S946 payment. As regards S946 payments not made in an accounting period see CTM35140.
Returns are due within 14 days from the end of the return period.