COM125054 - Repayments / reallocations: non automatic repayments: early repayment CT Pay & File APs - owning office (Action Guide)

Claim for repayment before the normal due date for payment or after the normal due date but before the filing date and no return received

Step 1

Claim for repayment after the normal due date and filing date have passed but before return or assessment charge posted

Steps 2 - 3

Claim for repayment after the normal due date, return logged but the figures do not agree with the claim for repayment

Steps 4 - 6

Claim for repayment after the normal due date, an assessment has been made but is not yet final

Steps 7 - 10

Repayment already made and no repayment interest allowed

Steps 11 - 15

1.

Use Function DIRR (Direct Repayment) to make the repayment. (Repayment interest will not be added to the repayment)

2.

Establish why the return cannot be made

3.

If you are satisfied with the explanation, use Function DIRR (Direct Repayment) to make the repayment. (Repayment interest will not be added to the repayment as there is no return charge.)

4.

Ask the company for information to satisfy you that the repayment is due

5.

If you are satisfied with the information provided use Function ARTA (Amend Returned Tax Amount) to reduce the CT payable by the amount of the repayment claimed

6.

Use Function DIRR (Direct Repayment) to make the repayment

7.

If the assessment is under appeal or investigation, ask the company for information to satisfy you that the repayment is due

8.

If you are satisfied with the information provided use Function HAPP (Handle Appeal) to standover the amount to be repaid

9.

Use Function DIRR (Direct Repayment) to make the repayment

10.

If the assessment is under appeal, and the company apply to the Tribunal for determination of the amount that is to be repaid, make repayment (if appropriate) following steps 8 and 9 after the application is heard and determined

11.

Recover the repayment if it was made by payable order and not yet banked

12.

Follow the On-Line Data Capture (OLDC) Guide ‘Cancellation of Payable Orders After Issue’ to obtain authority from Worthing to cancel the cheque and issue a fresh one (form FAO 2601)

13.

On receipt use Function CNPO (Cancel Payable Order) to cancel the payable order

14.

If the return is now logged

• Use Function DIRR to reissue the repayment and the computer will add repayment interest

15.

If the repayment was made by BACS or has already been banked

• Calculate the repayment interest due using Function RINT (Request Repayment Interest Calculation)

• Use Function DSET (District Set-Off) to record this amount on the COTAX record as an Interest credit

• Repay the repayment interest using function DIRR (Direct Repayment). No spurious repayment interest will be added because you are repaying an amount of interest