FPC60050 - Claims: time limits

Normal limits

For accounting periods beginning on or after 1 April 2024, a claim may be made, amended or withdrawn at any time up to the end of the period of:

• two years beginning with the last day of the period of account to which the claim relates, or
• 42 months beginning with the first day of the period of account to which the claim relates, for periods of account which are over 18 months long.

For accounting periods beginning before 1 April 2024, a claim may be made, amended or withdrawn up to the first anniversary of the film production company’s filing date for the period in question.

Late claims

A claim may be made, amended or withdrawn after the time limit if an officer of Revenue and Customs allows it. HMRC will only accept late claims in certain circumstances, following the practice set out in Statement of Practice 5 (2001).

In general, HMRC’s approach will be to admit claims which could not have been made within the statutory time limits for reasons beyond the company’s control. This does not include oversight or negligence on the part of a claimant company or its agent, or illness or absence of an agent or adviser to the company. HMRC will also accept late claims where it would be unreasonable not to do so.