TTR60050 - Claims: time limits

Para 83W Sch18 Finance Act 1998

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

  • an additional deduction (TTR55020), and/or
  • a Theatre  Tax Credit (TTR55100)

may be made, amended or withdrawn up to the time limit.

The time limit is:

  • two years after the end of the period of account of the claim, if that period is 18 months long or less
  • 42 months from the beginning of the period of account of the claim, if that period is over 18 months long

For accounting periods beginning before 1 April 2024, the time limit is the first anniversary of the Theatre production Company's (TPC's) filing date for the period in question.

Late claims

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 a late claims specialist before the claim is refused.