CTM90605 - Corporation tax self-assessment (CTSA): Claims and elections: Quantification

FA98/SCH18/PARA54 says that a company must quantify all claims it makes for:

  • a relief,
  • an allowance, or
  • a repayment of tax,

at the time it makes the claim.

바카라 사이트śQuantified바카라 사이트ť means that the company must express the claim in figures. It is not acceptable to express the claim as a formula.

This rule does not apply to elections because most of them cannot be quantified immediately.