Knowledge Base - SA100 Individual Return

SA100 Individual Return

	How do I unlock my return? Your return is locked if: all fields in TaxCalc are filled in yellow a no-entry symbol appears when you hover over the fields with your mouse you can't enter data into the fields. To unlock the return, follow these steps: Click on File from the top menu. Remove the tick next to Lock...
	02 Mar, 2018 Views: 2934

	Claiming Married Couples Allowance Married Couples Allowance (MCA) is an age related allowance applicable if at least one spouse is born before 6th April 1935. It could reduce your tax bill by between £353 and £912.50 a year. You can claim Married Couple’s Allowance if all of the following criteria apply: you’re...
	28 Mar, 2022 Views: 2892

	Class 2 when Self Employment / Partnership ceased or started part way through the year If the Lloyds / Self-Employment / Partnership started trading in the middle of the tax year or ceased trading part way through the tax year, please complete the applicable entries listed below. Using SimpleStep mode: Go to Working out your tax > Class 2 & Class 4 NICs maximum charge. ...
	07 Jun, 2023 Views: 2876

	How do I claim reinvestment relief for SEIS shares? For comprehensive information on the Seed Enterprise Investment Scheme (SEIS), including when you can claim relief, read HMRC guidance: Seed Enterprise Investment Scheme – Income Tax and Capital Gains Tax reliefs. To claim reinvestment relief for SEIS shares you'll need to complete the claim...
	07 Jun, 2023 Views: 2692

	How much tax will I need to pay in January? The information you provide within the SA302 calculation will determine how much tax is due. This calculation will then apply any tax already deducted and leave you with a balancing payment (if there's any tax outstanding) or a repayment due (if you've overpaid in tax). If your total tax bill is...
	21 Mar, 2024 Views: 2635

	Why can't I print PDF attachments? TaxCalc can only print PDFs created using versions 1.4 to 1.7. To check the version of your PDF, complete the following steps: Open the PDF document. Click on File in the left-hand corner. Click on Properties. Check the version number in the pop-up window. If you can't print the PDF,...
	17 Feb, 2021 Views: 2562

	How to claim EIS/SEIS/VCT Relief When claiming relief under EIS, SEIS and VCTs, there are two types of relief available: Income tax relief Capital gains tax relief Depending on which you intend to claim, will depend on where the entries are required for disclosure on the return. If you intend to claim income tax relief,...
	21 Mar, 2024 Views: 2551

	Difference between Married Couples Allowance and the Marriage Allowance Transfer Married Couples Allowance Applicable if you or your partner were born before 6 April 1935. Marriage Allowance Transfer Applicable if you or your partner were born on or after 6 April 1935. To find out more, please click on the applicable link: Claiming Marriage Allowance Claiming...
	04 Apr, 2023 Views: 2356

	How do I fix problems with print preview in TaxCalc? If you're having problems with print preview, follow these steps to reinstall Adobe Acrobat Reader: Uninstall the program: Start > Control Panel > Uninstall a program Uninstall any instances of Adobe Reader Reboot your PC. Go to the Adobe website for the latest version of...
	13 Mar, 2017 Views: 2340

	Why am I not receiving tax relief for my pension contributions? You'll only see tax relief for your pension contributions if you pay tax at the higher rate. You make pension contributions net of basic tax. If you are a basic rate taxpayer, you receive tax relief in the form of HMRC topping up your payment by 20%. You get the tax relief automatically if...
	20 Aug, 2019 Views: 2195

	Where do I enter Coronavirus other support grants on a SA100 and SA800 To declare CJRS (Coronavirus Job Retention Scheme) claimed through HMRC, and other grants provided by local government to support businesses through the Coronavirus pandemic please refer to the below instructions on where to declare this. Please note, SEISS grants reference has been removed from...
	21 Mar, 2024 Views: 2193

	How are Payments on Account calculated Payments on account are tax payments made twice a year by self-employed individuals to spread the cost of the year's tax. They are calculated based on your previous year's tax bill, and are due in two instalments. The payment on account is a way of paying off some of your tax bill in advance....
	21 Mar, 2024 Views: 2177

	Can I submit the SA200 short tax return in TaxCalc? You can't submit the SA200 short tax return in TaxCalc but you can use the longer SA100 tax return. You can file an SA100 either: on paper by 31 October or online by 31 January. TaxCalc will calculate any liability or repayment due, saving you time and ensuring you are aware of any...
	02 Mar, 2018 Views: 2160

	Class 4 National Insurance Contributions maximum charge when Class 1 contributions are also paid What is meant by 'maximum charge' HMRC's annual Class 4 National Insurance Contribution (NIC) maximum is the device that limits the amount of Class 4 NICs payable in a tax year in addition to any Class 1 and 2 NICs payable. This means that an individual who is both employed and self-employed...
	14 Feb, 2023 Views: 2034

	Which box does my mileage figure post to in the wizard? There are two possible sections in TaxCalc where you can enter the mileage figure. SimpleStep mode: Your Work > Employment > Fringe Benefits > Vouchers, credit cards and excess mileage allowance > Mileage Wizard. OR Your Work > Expenses > Business travel and subsistence...
	06 Jun, 2023 Views: 2021