Filing Corporation Tax returns online
HMRC have issued further details of the compulsory online filing rules for corporation tax returns and supporting documentation from 1 April 2011.
This will apply to all:
- online filing of Company Tax Returns using XBRL standard for all returns delivered after 31 March 2011 for accounting periods ending after 31 March 2010
- electronic payment of Corporation Tax liabilities after 31 March 2011
Other functions such as amending tax returns, changing accounting periods and contact details are also expected to be available online from 2011.
It is also planned that joint submission of annual accounts and corporation tax returns will be available from 2011. This will allow for one submission to cover both filings although the Companies House and HMRC filing dates will not change. Further details will be announced as they become available.