PTP TR - Pre filing validation 6597 re tax overpaid for earlier years

Article ID

kba-03711

Article Name

PTP TR - Pre filing validation 6597 re tax overpaid for earlier years

Created Date

2nd December 2019

Product

Problem

When preparing FBI files the following validation appears: 'There is an amount in box [CAL15], there must be an entry in at least one of the loss to carry back boxes: [FSE79], [SSE34], [LUN57], [FPS23], [SPS23], [CGT48] or [CGT43], or an entry in at least one of the adjustment boxes [FSE72], [FPS11] or [SPS11]. Please check.'

Resolution

This validation relates to box 15 on page TC2 which is populated via the ‘Tax overpaid for earlier years’ box in the Calculation screen.  This box may only be used in certain circumstances which are detailed in the paragraph above box 15.  These circumstances would give rise to an entry in one of the boxes listed above.  For any other circumstances please contact HMRC for advice on how best to record this.

FSE = Full Self Employment
SSE = Short Self Employment
LUN = Lloyds Underwriters
FPS = Full Partnership
SPS = Short Partnership
CGT = Capital Gains Tax