CTM93255 - CTSA: the filing obligation: overseas companies: otherwise within the charge to corporation tax

Non-UK resident companies that do not have a permanent establishment or branch in the UK may nonetheless be within charge to UK Corporation Tax, for example:

• from 5 July 2016 the non-UK resident company has profits of a trade of dealing in or developing UK land,
• from 6 April 2019 the non-UK resident company disposes of an interest in UK property or land, or
• from 6 April 2020 the non-UK resident company carries on a UK property business.

A notice issued under FA98/SCH18/PARA3 to deliver a company tax return requires:

• the profit and loss accounts of the UK business that is within the charge to CT, covering the period to which the return relates,
• the balance sheet of the UK business at the same date, if prepared, and
• if not prepared in English, a translation of the accounts (and balance sheet if applicable) in English.

For guidance on the format of the accounts see COM130010.