Software tax calculation
George
Registered Posts: 43 Regular contributor ⭐
I am using the HMRC online form, and have also tried this on the commercial software I use.
I have inserted a client's pension income (from his former employer) into box 10 of Page TR3 of his tax return, and duly inserted tax deducted from the pension in in box 19 on Page TR6, as requested by the tax return.
The tax deducted, however, is not appearing as a deduction at the bottom of both software's 'tax calculation', thereby giving an inflated tax payable figure.
Why is this - am I missing something?
Thanks for your help.
I have inserted a client's pension income (from his former employer) into box 10 of Page TR3 of his tax return, and duly inserted tax deducted from the pension in in box 19 on Page TR6, as requested by the tax return.
The tax deducted, however, is not appearing as a deduction at the bottom of both software's 'tax calculation', thereby giving an inflated tax payable figure.
Why is this - am I missing something?
Thanks for your help.
0
Comments
-
Pension
Hi
The tax taken off goes in box 11 and then details of the pension goes into box 19. This is an information box and doesn't affect the tax calculation.
Hope this helps.0 -
Thanks very much for your help! I should have seen that.
But the form is not very clear, is it? Where Box 10 directs you to give tax deducted in Box 19, it should direct you to Box 11 first.
Thanks again.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 325 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 202 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership