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Posted Wed, 27 Nov 2024 16:18:31 GMT by C SMITH
I have received a letter from HMRC advising that I have a credit amount of over £600 on my PAYE account. Can I offset this credit against my next Corporation Tax bill and if so who in HMRC should I contact to arrange this. Regards Chris
Posted Mon, 02 Dec 2024 12:35:21 GMT by HMRC Admin 19 Response
Hi,
Yes, you can. You should contact PAYE, as the office where the overpayment is held, to arrange reallocation. They will need to know the Corporation Tax UTR and which accounting period you want the reallocation made to.
Thank you.

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