A further obligation to notify chargeability was introduced in 2004. It applies to accounting periods which begin on or after 22 July 2004 and is in addition to the existing obligation to notify chargeability set out in ¶181-000 (FA 2004, s. 55). This extra obligation requires a company (but not an unincorporated association or partnership, see below) to notify HMRC in writing whenever it comes within the charge to corporation tax by virtue of either:

its first accounting period beginning (whether as, for example, a newly-formed company commencing business, or as a non-resident starting a UK permanent establishment); or

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