RPDT20530 - The Charge to RPDT: allowance: process for submitting allowance allocation statement

Where an allocating member wishes to allocate an amount of allowance between group members, it will need to provide an allowance allocation statement to HMRC. The information that must be included within an allowance allocation statement is set out in regulation 5 SI 2022/266, being that the statement must:

  • be made in writing to HMRC
  • specify the start and end date of the accounting period to which the statement relates
  • specify the company that was the allocating member at the start of that period
  • be signed on behalf of the allocating member
  • identify the ultimate parent of the group
  • specify the amount of the allowance for the period to which the statement relates
  • specify the amount of any allowance allocated to the allocating member itself
  • specify the RP developers to which an allowance has been allocated, their UTR, accounting period and amount allocated to them

The allowance allocation statement must be submitted to HMRC on or before the date 12 months after the end of the allocating member’s accounting period. If no allocation statement is made then the allowance remains with the nominated member. There is no requirement to submit an allowance allocation statement in advance of any quarterly instalment payments which include amounts of RPDT.

Where the allocating member intends to submit the allocation statement at the same time as their CT return, a section of the RPDT supplementary page CT600N includes fields for this purpose.

If the allocating member instead intends to submit the allocation statement at a different time, the necessary information can be submitted to rpdtadministration@hmrc.gov.uk.

Any amendments to an allowance allocation statement must be made by the allocating company and by the later of:

  • 24 months after the end of the allocating member’s accounting period
  • if an enquiry into a relevant tax return of the allocating member or another RP developer within the group is opened, 30 days after the completion of that enquiry
  • if after the completion of such an enquiry HMRC amends the return, within 30 days of the notice of amendment
  • if an appeal is brought against such an amendment, 30 days after the appeal is finally determined