New version of YA2020 company tax return
A new version of the YA2020 company tax return (version 1.6) will be available on the CfR portal on 18 September 2020.
The Office of the CfR has notified that version 1.6 will include an updated version of TRA112 (to be completed by taxpayers falling within scope of Rule 7 of the European Union Anti-Tax Avoidance Directives Implementation Regulations – the CFC Rule).
Versions 1.1 to 1.5 may be submitted electronically up to 17 September 2020. Once version 1.6 is uploaded, previous versions of the YA2020 return may be submitted only where a TRA 112 is not required to be completed.
The announcement clarifies that in all cases, previous versions of the tax return may only be submitted where the tax computation and/or other information required to be submitted as part of the tax return has not been impacted by the changes in any of the updated versions.