»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp company (principal company in the case of a Group REIT) is required to make a return of the PID payments it has made in a return period (SI 2006/2867/ regulation 4). »Ê¹ÚÌåÓýapp arrangements for these ‘relevant distributionsâ€� are similar to those for making returns of relevant payments by companies under ITA2007/Part 15 (detailed procedures for collection etc. of IT on relevant payments are shown at CTM35000 onwards). »Ê¹ÚÌåÓýapp same form CT61(Z) is used to make returns of relevant distributions.

»Ê¹ÚÌåÓýapp return periods are:

· the accounting period itself if it starts and ends within a quarter

· the quarters ending on 31 March, 30 June, 30 September and 31 December (quarter days)

· any shorter period that

- starts at the beginning of an accounting period and ends with the first quarter day in that accounting period

- begins immediately after the last quarter day in an accounting period and ends on the last day of the accounting period.

»Ê¹ÚÌåÓýapp return must show the amount of PID paid in the period and the amount of tax deducted from the payments.

If the company has made a mistake in a return, they are required to submit an amended return showing the correct information and to pay over any additional tax due � see IFM28120.