PTP CT - R&D tax credit being capped for periods which do not straddle 1st April 2021

Article ID

kba-03784

Article Name

PTP CT - R&D tax credit being capped for periods which do not straddle 1st April 2021

Created Date

7th April 2021

Product

Problem

The R&D tax credit is being capped incorrectly for periods which do not straddle 1st April 2021.

Resolution

The only workaround for urgent submissions would be to file on paper with a WT1 form https://www.gov.uk/government/publications/company-tax-return-it-problems.  This will be fixed in the next release.