DMBM615140 - Pre-enforcement: recovery documentation and checks: recovery proceedings checks: RP checks for PAYE EOY underpayments - unused tax credit funding
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- view BROCS VTP PS to obtain the P228 details
- enter the month number PD* and the serial number of the P228 posting
- compare any amount shown in the 바카라 사이트˜WFTC FUNDED바카라 사이트™ field to any shown in the 바카라 사이트˜WFTC PAID바카라 사이트™ field.
If the 바카라 사이트˜WFTC FUNDED바카라 사이트™ exceeds the 바카라 사이트˜WFTC PAID바카라 사이트™ this will indicate that not all of the funding paid to the employer has been used and the unused funding will be included in the P35 underpayment.
To identify the amount of unused funding still to be recovered, you should compare the total amount of unused funding to the total underpayment as per the following examples.
- |
Example 1 |
Example 2 |
|---|---|---|
A WFTC FUNDED |
£5600 |
£6000 |
B WFTC PAID |
£2000 |
£2000 |
C Unused funding (A-B) |
£3600 |
£4000 |
D Total underpayment |
£3900 |
£3900 |
E Funding still to be recovered |
£3600 |
£3900 |
Note:
The 바카라 사이트˜Funding still to be recovered바카라 사이트™ (E) cannot exceed the 바카라 사이트˜Total underpayment바카라 사이트™ (D). Where the 바카라 사이트˜Unused funding바카라 사이트™ (C) exceeds the 바카라 사이트˜Funding still to be recovered바카라 사이트™ (E) this will indicate that some unused funding has already been repaid. You will need to include any amount of unused funding already repaid as part of the details provided to the ECIT.
Where the 바카라 사이트˜Total underpayment바카라 사이트™ (D) exceeds 바카라 사이트˜Funding still to be recovered바카라 사이트™ (E) the difference is the amount of the underpayment still to be pursued.