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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

image 4 | Personal Tax- MTR There is an entry in box [SA110:Next year's repayment claimed now], box [SA101: relief now etc

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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