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HMRC

UK companies overpaid £11.9bn in corporation tax last year

The firm warns that HMRC will not automatically refund businesses if they overpay corporation tax and that they must reclaim overpayments manually

UK businesses have overpaid £11.9bn in corporation tax over the past year, according to UHY Hacker Young, as the firm urged companies to check if they have overpaid and to actively pursue refunds. 

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