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How HMRC process CT600 refunds
If a CT600 return with a refund is processed without any bank account details, HMRC's system will process the repayment as a cheque. This is because their system does not store any bank account details previously entered (for example from other records, previous payments or previous submissions. ...
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15 Feb, 2018
Views: 1309
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Why am i not receiving basic rate relief for finance costs?
The HMRC guidance document confirms below the factors which have to be applicable in order for the relief to be available. Individuals will be able to claim a basic rate tax reduction from their Income Tax liability on the portion of finance costs not deducted in calculating the profit. In...
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24 Mar, 2021
Views: 1305
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MTD Quarterly Filer - Getting started
MTD Quarterly Filer provides the functionality to complete the in-year submissions (Quarterly Updates) and interacts with TaxCalc modules and other bookkeeping/spreadsheet solutions. Setting up businesses in MTD Quarterly Filer: After launching MTD Quarterly Filer: Select the client you are...
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28 Apr, 2026
Views: 1294
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1046 Authentication error when filing since June 2020
If your receiving a 1046 HMRC authentication error when trying to file an individual (SA100), partnership (SA800), trust (SA900), corporation tax (CT600) or non MTD VAT return and you fall into either of the following categories, you may need to take action. You’ve recently changed your...
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21 May, 2021
Views: 1274
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Useful information relating to the Dividend Database (2023-24)
Below is some useful information surrounding the data held within the Dividend Database for the 2023-24 tax year. For information relating to other years, please see Dividend Database, useful information Alpha FX group Renamed to Alpha Group International for 2023 National Express Renamed to...
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27 Jun, 2024
Views: 1264
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Pension Lifetime Allowance changes from 1 April 2023
The lifetime allowance charge was abolished by Finance (No.2) Act 2023 s18 with effect from 6 April 2023, although other tax charges can apply in its place. Under Finance (No.2) Act 2023 s19, benefits that would have otherwise suffered a 55% lifetime allowance charge are instead treated as pension...
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24 Oct, 2024
Views: 1233
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CT600 Losses boxes - inconsistencies reported by HMRC
We have received correspondence from HMRC, as some of our customers also have, to alert us to the entries required in certain loss amount boxes within the CT600. The boxes affected are: 805/810 UK property business losses. 830/835 non-trading losses on intangible fixed assets. ...
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14 Oct, 2024
Views: 1202
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How to Review a Yearly Comparison of your Tax Return
Within Tax Return Production, select the client and the tax return. From the View menu, select Yearly Comparison. From here you will be able to see the details the variance in income and expenses between the current and prior tax year.
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21 Mar, 2024
Views: 1190
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Why is the interest amount on the SA302 summary different from the amount entered on the return?
The interest on the SA302 summary will be different from the interest on the return because the SA302 shows the gross amount received (before tax has been deducted) and the return shows the net amount (after tax has been deducted). The amount on the SA302 summary is calculated by taking the net...
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25 Feb, 2015
Views: 1180
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How do I create an R40? (Practice users)
To create an R40, follow these steps: Open the client in Tax Return Production. Click on New Return. Select R40 - Individual Repayment from the first drop-down menu. Select the relevant tax year from the second drop-down menu. Click on Create. Double-click on the R40 to open it, or click...
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04 Apr, 2023
Views: 1162
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How do I switch to a summary breakdown of expenses on my SA800 partnership return?
You can only switch to a summary breakdown of expenses in your SA800 partnership return if turnover is below the threshold for declaring income on the Full Form. The business threshold for 2025-26 is £90,000. To switch to a summary breakdown you need to clear all entries made on the Full Form,...
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26 Mar, 2026
Views: 1150
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Fetch taxpayer data - HMRC does not recognise that a client is authorised
When using Fetch taxpayer data to retrieve information from HMRC, if HMRC does not recognise that the client has been authorised, a message will appear : 'HMRC does not recognise that this client has been authorised with the agent credentials being used in token management'. Note : HMRC have...
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29 Oct, 2025
Views: 1129
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Self Assessment using WorkFlow
Using WorkFlow allows you to create Jobs and Tasks to complete your Tax Returns efficiently, making sure you meet any statutory deadlines. Please see our video on how to use jobs and tasks in WorkFlow to create a Self Assessment tax return.
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31 Jul, 2024
Views: 1113
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How do I add/update my Filing Credentials?
You can enter and store your filing credentials in TaxCalc for different areas within the application. We have collated the information below so you can enter in the filing credentials for each relevant area. For Tax Return Production: Where do I enter Filing Credentials for Tax Return...
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20 Jul, 2023
Views: 1113
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#5015 A submission for the user and tax year has already been successfully made.
When attempting to file a return online, you may sometimes encounter the below: In these instances, HMRC are rejecting the submission (currently being processed as an original submission) as their records show an original return already listed on file. In these instance, you would need to: ...
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14 Feb, 2023
Views: 1110
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