CTM90140 | CTSA: introduction: applicable legislation
From HM Revenue & Customs · Company Taxation Manual
Most of the administrative provisions for CTSA are set out in .
The table below lists the main CTSA provisions and shows IT equivalents.
| Subject matter | CTSA legislation | Equivalent ITSA legislation |
|---|---|---|
| Duty to notify chargeability | ||
| Duty to deliver return | - 5 | |
| Return to include SA | - 8 | |
| Information about business carried on in partnership | - (1C) | |
| Filing date | - (1H) | |
| Amendment of return | ||
| Correction of return by HMRC | ||
| Failure to deliver return: flat-rate penalty | ||
| Failure to deliver return: tax-related penalty | ||
| ‘Reasonable excuse’ and ‘further time’ | ||
| Excuse for late delivery of return: Companies Act accounts | No ITSA equivalent | |
| Duty to keep and preserve records | - 22 | |
| Penalty for failure to keep and preserve records | - (5B) | |
| Enquiry into tax return | - 26 | |
| Amendment of SA during enquiry to prevent loss of tax | ||
| Amendment of return during enquiry | ||
| Completion of enquiry | ||
| Direction to complete enquiry | - (6) | |
| Amendment of return after enquiry | ||
| Further return for outstanding period | No ITSA equivalent | |
| Determination where no return delivered | ||
| Determination: notice complied with in part | No ITSA equivalent | |
| Extent of power to make determination | No ITSA equivalent | |
| Determination to have effect as SA | ||
| Determination superseded by SA | TMA70/S28AC (3) | |
| Time limit for determination | FA98/SCH18/PARA36 (5) & 37 (4) | |
| Time limit for SA superseding a determination | FA98/SCH18/PARA40 (3) | |
| Discovery assessments | - 45 | |
| Ordinary four year time limit for assessment | FA98/SCH18/PARA46 (1) | |
| Extended time limit in cases of careless conduct | FA98/SCH18/PARA46 (2) | |
| Extended time limit in cases of deliberate behaviour/failure to notify and other situations | FA98/SCH18/PARA46 (2A) | |
| Discovery determinations | FA98/SCH18/PARA41 (2) & PARA49 | No ITSA equivalent |
| Relief for double assessment | ||
| Relief for overpaid tax | ||
| Recovery of excessive repayments etc | - 53 | |
| General claim provisions | , 10 ,54 - 60 | |
| Claims not made in returns | ||
| Claims for repayment of CT before liability finally established | No ITSA equivalent | |
| Consequential claims | - 65 | - B, S36 (3) |
| Claims for group relief | - 77 | No ITSA equivalent |
| Joint amended returns | No ITSA equivalent | |
| Claims for capital allowances | - 83 | No ITSA equivalent |
| Conclusiveness of amounts stated in return | No ITSA equivalent | |
| Quarterly instalment payments | , SI1998/3175 as amended by SI2017/1072 for very large companies for accounting periods beginning on or after 1 April 2019 | No ITSA equivalent |