Compulsory online filing of Company Tax Returns and electronic payment of Corporation Tax: draft legislation

HM Revenue & Customs (HMRC) is implementing Lord Carter's recommendations to increase online filing which were accepted by Government at Budget 2006. The recommendations include compulsory requirements for businesses to file their Company Tax Returns online and to make Corporation Tax payments electronically.

These regulations amend the Income and Corporation Taxes (Electronic Communications) Regulations 2003 (S.I. 2003/282, amended by S.I. 2005/3338). These amendments will provide new compulsory rules for Corporation Tax as follows:

• 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 all Corporation Tax liabilities after 31 March 2011

The draft amendment regulations (PDF 44K) are released today.

The draft directions relating to these regulations (PDF 30K) are also now available.

HMRC welcome comments on these draft regulations and would appreciate these by 31 July 2009. Any comments should be sent to Steve Coad or Nicky Prys-Jones preferably by email or to the following address:

HM Revenue & Customs
K104, Kelsall House
Stafford House
Stafford Court
Telford
Shrops
TF3 3BD