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The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> SA Amends
Post Info TOPIC: SA Amends
StuartAnder


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SA Amends
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Hi,

 

I have a client that prepared and submitted their own tax return for FY12/13. does anyone know if this can be amended?

They had employment income that they paid tax on, but made a loss, and was thinking they could have set part of this loss against that tax, same for this year too.

Thanks

 

Stuart



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RobH


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Stuart you should have until 31st January 2015 to amend (12 months after the deadline for the return that was submitted)

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Rob
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FoxAccountancyServices


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Hi Stuart

Is the error just that the loss wasn't applied against other income, or that the loss was not shown on the return at all?

If it was on the return, you can just write to HMRC and ask them to apply the loss against that year.



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FoxAccountancyServices


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If you have access to the return online, you should see an "amend return" button. I think you go into the previous tax years bit.



-- Edited by FoxAccountancyServices on Tuesday 26th of August 2014 01:47:36 PM

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FoxAccountancyServices


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Just had a quick nosey in my account and its "tax return options" then select the year.

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StuartAnder


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Thanks guys. Yeah it's just the loss needs to be applied, as there is another loss this year :( Thanks again Stuart

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StuartAnder


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Sorry lol I guess then when I got in and amend the file, that any overpaid tax will be refunded as normal? Thanks Stuart

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Don Tax


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Hi Stuart,

I should monitor that it IS repaid on behalf of your client. He may not have been anticipating a repayment so you should ensure that his preferred bank account details are entered.

regards, Tim

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StuartAnder


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Will do. Thanks Don :)

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