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PTP TR - Pre filing validation 6836 regarding box 96 on the balance sheet

Article ID
kba-03788
Article Name
PTP TR - Pre filing validation 6836 regarding box 96 on the balance sheet
Created Date
13th May 2021
Product
Problem
When completing a set of full Self Employment pages including a balance sheet for a client receiving an amount of SEISS grant(s), pre filing validation 6836 may occur when preparing FBI files.
Resolution

Error code: 6836, Type: business
The amount entered in box [FSE96] must equal the amount entered in box 47/FSE48 on page SEF3. Please check.

This pre filing validation is longstanding and requires that the Net profit or loss in box 96 on the balance sheet must match either the Net profit in box 47 or Net loss in box 48, as applicable. The SEISS grant(s) are not included in the Net profit/loss boxes 47/48, but instead are included as an adjustment in box 70.1 via the Adjustments & Losses tab in the data entry screen. 

HMRC have provided a workaround for this under ID42 in their list of Special Cases for Online Filing.  “As the balance sheet does not inform the calculation of income tax liability a workaround can be used.  Therefore, should you want to include the capital account details, the amounts of SEISS payments from 70.1 should be included in box 97.”.

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