TPC60050 - Claims: time limits

Para 83W Sch18 Finance Act 1998

Claims to Television Tax Relief (TTR), whether for:

• an additional deduction (TPC55020), and/or
• a payable credit (TPC55100),

may be made, amended or withdrawn up to the first anniversary of the Television Production Company’s (TPC’s) filing date for the period in question.

Late claims

Para 83W Sch 18 FA 1998 which covers Film, TV and Video Games reliefs says:

(1) A claim to which this part of this Schedule applies may be made, amended or withdrawn at any time up to the first anniversary of the filing date for the company tax return of the claimant company for the accounting period for which the claim is made.

(2) The claim may be made, amended or withdrawn at a later date if an officer of Revenue and Customs allows it.

Where there is a late claim it should be dealt with in accordance with the guidance at Statement of Practice SP05/01. While this does not specifically refer to TTR the approach is a general one that HMRC adopts.

If, having considered the approach outlined there, a late claim cannot be agreed, the case should be referred to CTIS (Technical) before the claim is refused.