Home / Amendments in Company Tax Return
Updated on : 10-Dec-2024 06:48 PM GMT | 4 min read
Making Amendments to Company Tax Returns
In case you need to correct your tax return within 12 months of the filing deadline, you have to make amendments in company tax return. There are different ways of making amendments in company tax return and are as follows –
- Login to the official HMRC website & amend your company tax return.
- By using commercial software
- By sending paper return or writing to your company’s corporation tax office.
If you are not able to find your corporation tax office address, find out the same on recent tax forms or HMRC letters.
When you go for amendment, HMRC may charge you penalty for the errors made by you in your company tax return. If it is a Minor error, HMRC tax officer corrects the error himself/herself. For example – Arithmetical errors, failing to put “X” in the relevant box etc. In case HMRC find that there is something seriously wrong with the return figures or need more information, they can make a compliance check.
Penalty may be charged by HMRC when error was done by the taxpayer deliberately or due to carelessness.
