Corporation tax returns are due 12 months after the accounting period ends. For many companies the accounting period ends on 31st December therefore, 31st December 2020 will be the filing deadline for accounting periods ending on 31st December 2019.
HMRC are urging businesses to file their corporation tax returns by the relevant deadline. Due to the impact from the coronavirus pandemic, some companies may find it difficult to meet their filing deadline. It is understood that if the filing deadline has not yet passed, HMRC may be willing to defer a late filing penalty.
In instances where a company does not have a Customer Compliance Manager contact point, HMRC should be contacted to discuss a deferral.
HMRC have updated their internal guidance to ensure a consistent approach and are allowing deferrals on a case by case basis.