Corporation Tax Return

[Ashwin2007]

I received the acknowledgement letter from HMRC for the corporation tax return filed. In the payment reconciliation section, it lists the payment I have made but has a wording "Less amounts on which collection suspended". I checked the last year's ackowledgemet, even that letter stated "Less amounts on which collection suspended". Any idea what this means?

[Clare@InTouch]

It means an amount they are not chasing for some reason - talk to your accountant to check that HMRC have allocated your payments correctly (or call HMRC yourself to check )