CT600A supplementary pages with loan repaid within the same accounting period

Hi, I’m unclear whether the CT600A needs to be filed if a director’s loan account goes overdrawn but it fully repaid within the same accounting period. Company: Close company Target accounting period: 01 Nov 23 to 31 Oct 24 No outstanding loans from previous periods Loan amount: £15,000 Loan start: 10 June 24 Loan fully repaid: 20 July 24 Based on my review of the CT600A version 3 guide (https://www.gov.uk/guidance/supplementary-pages-ct600a-2015-version-3-close-company-loans-and-arrangements-to-confer-benefits-on-participators), it doesn’t appear that this is required. I would greatly appreciate your clarification. Thank you!

Hi ,

If your scenario does not fall under any of the following points, Then a CT600a is not needed, • has made one or more loans that have not been repaid within the period to an individual or company acting in a fiduciary or representative capacity who or which is a participator, or associate of a participator • tax is due under section 455 of the Corporation Tax Act 2010 • has been party to tax avoidance arrangements under which a benefit is conferred on an individual who is a participator, or an associate of a participator, in this period and no return payment has been made to the company within the period • tax is due under section 464A of the Corporation Tax Act 2010 Corporation tax is self-assessed, it is your obligation to assess your loan and review it against these criteria .  Thank you .