HMRC repyament of Corp Tax

[filthy1980]

Recently paid my corp tax for my last company year which ended 31st May 2016.

today HMRC have sent me a check back for nearly the entire amount of tax paid, stating that I've overpaid

I think the may have gotten confused because my first year accounts covered a 13 month period, so I made two corp tax payments (one for the 1st month of trading and the second for the remaining 12 months)

my questions is, before I get too excited I'm guessing HMRC at some point will realise their mistake and request full payment?

I've asked my accountant but he's on holiday until next week, so wondering what the usual protocol would be in such situations

[TheCyclingProgrammer]

Did you submit two corporation tax returns?

[Lance]

Recently paid my corp tax for my last company year which ended 31st May 2016.

today HMRC have sent me a check back for nearly the entire amount of tax paid, stating that I've overpaid

I think the may have gotten confused because my first year accounts covered a 13 month period, so I made two corp tax payments (one for the 1st month of trading and the second for the remaining 12 months)

my questions is, before I get too excited I'm guessing HMRC at some point will realise their mistake and request full payment?

I've asked my accountant but he's on holiday until next week, so wondering what the usual protocol would be in such situations

I had a letter a couple of months back saying that I was late for CT when I know full well I'd paid months in advance.
It turns out that I'd paid but had selected the wrong year on the drop down so it was paid against the next tax year.
They corrected it on the phone.

It may be that you've done similar so they see it as overpaid if you've put it down against the previous smaller return.

[filthy1980]

Did you submit two corporation tax returns?

not sure Accountant did the filing, he just ran me through the accounts and advised that there were two corp tax payments to be made which I did via BACS

think I need to wait for the accountant to get back, I know the tax paid is correct so at some point now or in the future will come knocking for the money, i'll control myself and not spend it before they do

[RSoles]

If the accountant told you there were two payments to be made, did he/she/it give you two different reference numbers?

[BrilloPad]

I had this very recently. My company number was the reference number. So reference number the same for both.

My accountant(Ben Surtees-Smith at QDOS) sorted quickly and easily. The accountants team called up HMRC and they split the payments.

Ask your accountant to do that. If your accountant doesn't do it, or charges, then switch to QDOS.

A high recommendation to QDOS once again. Everything about their service is perfect.

BP

[ZARDOZ]

Recently paid my corp tax for my last company year which ended 31st May 2016.

today HMRC have sent me a check back for nearly the entire amount of tax paid, stating that I've overpaid

I think the may have gotten confused because my first year accounts covered a 13 month period, so I made two corp tax payments (one for the 1st month of trading and the second for the remaining 12 months)

my questions is, before I get too excited I'm guessing HMRC at some point will realise their mistake and request full payment?

I've asked my accountant but he's on holiday until next week, so wondering what the usual protocol would be in such situations

Your accountant isn't called Darren is he?

I would have a look to see what was submitted to HMRC and if it is as expected.

[filthy1980]

Lol – he’s not no

Just spoke to my accountant looks like HMRC have booked the corp tax payment against the shorter accounting period (3 days) and not against the full year accounting period

Advice was to cash the cheque and repay using the appropriate ref number

Better cancel the Ferrari (