COM33030 - Background: typical case examples: company pays and self assesses on time
An established company meets its payment and filing obligations on time. The example shows the cycle of a compliant company, from AP end to the recording of the self assessment (Word 28KB).
The events are numbered chronologically, and identified as follows
- Business Event - Action taken or arising outside the HMRC
- Automatic Event - Automatic COTAX action within HMRC
- Procedural Action - Action taken by an operator
Order & Type of Event |
Action(s) Taken |
1 (Business Event) |
Company AP ends (normal 12 month period) |
Approximately 1 month after the recorded AP ends |
|
2 (Automatic Event) |
COTAX
|
Some time later.................. |
|
3 (Automatic Event) |
First payment reminder (PR1) issued, 28 days before normal due date (Word 49KB) as no payment or NIL payslip returned to Accounts Office |
4 (Business Event) |
Payment received shortly before the normal due date |
Some time later.................. |
|
5 (Automatic Event) |
CT205 return reminder issued, 42 days before the filing date as the return is not yet logged |
6 (Business Event) |
Return received by the filing date |
7 (Procedural Action or Automatic Event) |
If the company has submitted a paper return, a Clerical Caseworker
And
If the company has submitted the return electronically
|
For a list of forms relevant to this subject, see COM33011.
For a list of functions to use in particular situations, see COM33012.
For legislation applying to this subject, see COM33013.
