OT65170 | Transferable Tax History - Senior Tracking Officer Certificate

The Senior Tracking Officer must submit a certificate each year confirming that he or she has taken all reasonable steps to ensure that the company has suitable arrangements in place to calculate the profits attributable to the TTH asset on a just and reasonable basis.

HMRC would normally expect the certificate to be submitted alongside the record of tracked profits accompanying the company’s corporation tax return. We would normally expect the company to provide HMRC with the name(s) of the STO(s) for the period at the same time.

There is no set format for the certificate. However, an appropriate adaptation of the form of words used in the senior accounting officer guidance at SAOG15300 would likely be sufficient.