Knowledge Base - SA100 Individual Return

SA100 Individual Return

	What's the difference between personal allowance and Class 4 NIC rates? Your Class 4 National Insurance contributions (NIC) for any tax year are based on your profits for that year. For 2023 -24 you pay: 9% on annual profits between £12,570 and £50,270 2% on any profit over £50,270 For further information and for previous tax years, see the table below....
	21 Mar, 2024 Views: 13053

	Where to enter Self-Employment Income Support Scheme (SEISS) grant information? There are specific fields for entry of SEISS (Self-employment Income Support Scheme) claims. The screenshots below show where the boxes are located although please note you will need to be running TaxCalc 2021 (v11.13.079) or later to see these. Please note: SEISS has been removed from the 2023...
	17 May, 2023 Views: 12171

	HMRC Fetch API - Taxpayer data not found. Error: 404 Please note this article is specifically referring to the SA100 fetch facility. If you are receiving the error 404 for VAT submissions, please see the link for Common MTD VAT errors This error is returned when the information for a specific taxpayer and for a specific year is not available. This...
	21 Mar, 2024 Views: 11251

	All you need to know about Student and Postgraduate Loan repayments By clicking on the below links, it will take you directly to that section of the article: #Student Loan calculation summary now shown in TaxCalc: #Multiple Plans - combination of Plan 1, 2 & 4 #Introduction of Plan 4 for Scottish students (from April 2021): #SLC online service for SL and...
	21 Mar, 2024 Views: 11139

	Where do I enter Carers Allowance? To enter Carer's Allowance, go to the Other taxable state benefits wizard screen in SimpleStep or HMRC Forms. SimpleStep mode Select Pension income and benefits from the left-hand menu. Tick the box Taxable State pension or benefits. Click Next Step to go to the State retirement pension and...
	03 Aug, 2020 Views: 10364

	Error message: Tax relief is not available for pension contributions in excess of relevant UK earnings for the tax year. The pension contribution amount, on which tax relief is available, is restricted to the amount of the taxpayer's relevant UK earnings within the tax year (or £3,600 in the absence of income). If pension contributions have been entered within the return and exceed the amount of relevant UK income...
	23 Nov, 2023 Views: 10315

	What tax years can I file online? Self Assessment Filing Deadlines Your Self Assessment Tax Return (SA100, SA800, SA900) normally has to be completed and submitted to HMRC by 31st October following the tax year end (5th April) if you file on paper, or by 31st January following the tax year end if you file online. So the 2024...
	21 Mar, 2024 Views: 9903

	Where do I enter Filing Credentials for Tax Return Production? To enter your HMRC Self Assessment and Corporation Tax Filing Credentials, please follow the below instructions: For your Firm's details: Launch Admin Centre > Applications Click on Tax Return Production > Customise TaxCalc Click on Filing Credentials on the left Enter in your HMRC...
	20 Jul, 2023 Views: 8993

	Claiming tax relief for working from home As per HMRC guidance, you may be able to claim tax relief for additional household costs if you have to work at home on a regular basis, either for all or part of the week. This includes if you have to work from home because of coronavirus (COVID-19). You can either claim tax relief on: £6 a...
	14 Feb, 2023 Views: 8806

	Where do I enter Child Benefit? You can enter Child Benefit payments in SimpleStep or HMRC Forms mode. SimpleStep mode Click on Working out your tax. Click on Child Benefit Tax charge. Your net income will automatically appear from information already entered on the form. Click yes, no or both equal to the...
	06 Jun, 2023 Views: 7966

	Where do I enter employment income taxed in a foreign country? Employment income is entered in box 1 on the Employment pages. Don't enter any foreign tax in box 2. How you enter foreign tax depends on whether or not you want to claim tax credit relief. Without tax credit relief SimpleStep Mode Go to Your work > Work abroad Enter the total...
	29 Mar, 2022 Views: 7888

	How do I carry back self employment losses? To carry back a self-employment loss for the current year to a previous year, you need to make a manual adjustment to your tax return for the year in which the loss occurred. You don't need to resubmit your return for the previous year. To calculate the manual tax adjustment figure, follow these...
	12 Oct, 2023 Views: 7825

	Where do I enter my tax code? The Tax code is NOT entered into a return. Your PAYE tax code is provided by HMRC to your employer or pension provider, in order to work out how much tax to take off your pay each month. This should mean that the correct amount of tax is collected from your pay throughout the tax year and...
	21 Mar, 2024 Views: 6993

	Where do I declare Class 4 NIC exemption? Class 4 NIC exemption is automatically applied where it is relevant to the taxpayer reaching state pension age before the start of the tax year. If you need to claim this manually for any other reason, you should tick the box Are you exempt from paying Class 4 National Insurance… in one of the...
	24 Mar, 2020 Views: 6988

	Why does the IRmark on a tax return change? What is the IR Mark? The IR Mark is a software generated reference and assists in the creation of the File By Internet Receipt returned by HMRC. It is a mechanism which could potentially be used during investigations, to aid taxpayers and HMRC in ensuring that the submission sent and received...
	09 Feb, 2021 Views: 6642