26 Mar Revenue eBrief No. 065/21 – Surcharge for late filing and restrictions on loss relief
Posted at 13:18h in Revenue eBrief
Tax and Duty Manuals Part 47-06-01 (Return Filing Dates – Forms 11 and CT1), Part 47-06-04 (Late Submission of Corporation Tax Returns – Restrictions of Claims to Relief) and Part 47-06-08 (Surcharge for Late Submission of Income Tax, Corporation Tax and Capital Gains Tax returns) have been updated to reflect that the surcharge for late submission of CT1 returns and iXBRL financial statements, and the restrictions on loss relief for late filing of returns, are suspended between 23 March 2020 and 1 July 2021 where:
- the late submission of CT1 returns are for accounting periods ending from June 2019 to September 2020, and
- the late submission of iXBRL financial statements are for accounting periods ending from March 2019 to June 2020.