How to elect for exemption under CTA09/S18A

An election for branch exemption should be made to the company's Customer Compliance Manager (CCM), or in the absence of a CCM to the office where the company's tax return is dealt with.

An election for branch exemption should specify the accounting periods to which the election will apply (e.g. ‘the accounting period commencing on … and all subsequent accounting periods’). The election must be received by HMRC before the start of the first period that it relates to.

The election must be signed by the proper officer of the company or any other person authorised by the company.

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