SAM124070 - Returns: view and amend return: return amendments: prior year adjustments (Action Guide)

Follow steps 1 - 2 below if you receive an amendment to a Trust and Estate or Individuals return from the trustee or taxpayer which includes a claim

To carry back relief from the current tax year to the year of the return

  • Trading losses, Personal pension plan contributions or Retirement annuity paymentsOr

To carry back relief from the year of the return to an earlier year

  • Losses to be set against income of an earlier year
  • Personal pension plan or Retirement Annuity contributions

Or

  • Claim for Farmer바카라 사이트™s averaging or Literary / Artistic spreading that has reduced the taxpayer바카라 사이트™s Tax and Class 4 NIC liability for the previous yearFor details of how to access the SA function, select 바카라 사이트˜Index Of Functions바카라 사이트™ on the left of the screen.

  1. Complete capture of the amended return in function AMEND RETURN (TSS for Trust and estate return cases), but do not make or amend an entry at box 14 or 15 of the Tax Calculation Summary page TCS2

  2. Treat the claim as a stand alone claim. Refer to section 바카라 사이트˜Claims Made Outside a Return바카라 사이트™ (SAM114000 onwards) in business area 바카라 사이트˜Repayments바카라 사이트™ 

For more information refer to section 바카라 사이트˜Claims Made Outside a Return바카라 사이트™ in business area 바카라 사이트˜Repayments바카라 사이트™.