How much corporation tax can be claimed back?

[andav]

Hi

Several years ago I submitted incorrect figures to HMRC for corporation tax (my fault)

The figures showed my company made a profit for the year, and I subsequently paid £2690 in Corporation tax because this is what my figures showed.

Later I found out the company made a loss for the year, and shouldnt have paid any CT.

I filed a claim with HMRC to and they paid back only a percentage of the amount

Should they not pay back the whole £2690 that was paid?

I think they paid back around 20-30%. I questioned this and they said its correct - they only pay a percentage back

Maybe I'm being stupid, a very real possibility. But I would have thought they pay back all overpaid CT for the year.

thanks!

 

[UK Contractor Accountant]

I'm afraid you need an Accounant to look at this with the relevant accounts, CT Returns and tax computations,the amended ones and the originals.

Nobody will be able to answer your questions as there is just not enough information to work from.

 

[Jeremiah@RHJ Accountants]

100% agree with this speak to your accountant or engage one immediately.

If this is one error you have made how many more errors have not been found yet in your accounts and corporation tax returns.