COM33030 - Background: typical case examples: company pays and self assesses on time

An established company meets its payment and filing obligations on time. The example shows the cycle of a compliant company, from AP end to the recording of the self assessment.

The events are numbered in date order, and identified as follows.

  • Business event - action taken or arising outside  HMRC.
  • Automatic event - automatic COTAX action.
  • Procedural action - action taken by an operator.

Order and type of event

Action or actions taken

1 Business event

Company AP ends (normal 12 month period).

Approximately 1 month after the recorded AP ends  
2 Automatic event COTAX issues a notice to deliver, calculates the , records the specified period and the issue of the notice to deliver and creates the next AP on the COTAX record.
Some time later..................  
3 Automatic event First payment reminder (PR1) issued, 12 days before normal as no payment or NIL payslip returned to Accounts Office.
4 Business event Payment received shortly before the normal due date.
Some time later..................  
5 Automatic event CT205 return reminder issued 28 days before the filing date as the return is not yet logged. From June 2025 this form will no longer be issued.
6 Business event Return received by the filing date.
7 Automatic event COTAX automatically captures the details and records the self assessment.

See:

  • COM33011 for a list of forms relevant to this subject
  • COM33012 for a list of functions to use in particular situations
  • COM33013 for legislation applying to this subject.