Personal Tax- MTR There is an entry in box [SA110:Next year's repayment claimed now], box [SA101: relief now etc
Article ID
ias-12116
Article Name
Personal Tax- MTR There is an entry in box [SA110:Next year's repayment claimed now], box [SA101: relief now etc
Created Date
13th October 2015
Product
IRIS Personal Tax
Problem
M T R There is an entry in box [SA110:Next year's repayment claimed now], box [SA101:Next year's trading and capital losses relief] must also be completed. Please check.
Resolution
Users are required to:
1. Load IRIS Personal Tax and select the client
2. Click Other Income then select Any Other Losses and limit on income tax relief
3. Complete the Future Trading or Certain Capital Losses section then click OK
If you regenerate and submit and now get a 6492/6594 then you entries in PT which need rechecking and editing – read this KB
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