Where find "Relief for 2012–13..." on online forms?

JanSW

Hi all. A simple question - I want to reduce the amount of tax to pay ahead of time, payable into the tax account today. I know I can reduce this by adjusting the tax, but when I enter the number into "Any 2012-13 repayment you are claiming now" under "Ajudstments to tax due" I get the following error message:

You cannot enter an amount for 'Any 2012-13 repayment you are claiming now', as you have not entered an amount for 'Relief now for 2012-13 trading, or certain capital losses'. Please amend.

There is no such field in all the online forms, or at least I can not find it. Can someone please help with this, as I am otherwise about to pay a lot more into the account than I need to?

Thank you!

JanSW

Basically, the HMRC want me to pay 50% of a guesstimate tax TODAY for what they assume I will earn next year. I am sure I will not earn as much next year as I did last year so I want a relief from this. (I would rather have the money on the bank until I have to pay at the end of the next tax year.) But how to achieve this on the online tax forms is a mystery?

Pennywise

You're trying to fill in the wrong box. You need to be filling in the box to make an application to reduce the payments on account for 2012/13 - that's completely different for claiming relief for 2012/13. I don't use HMRC website myself, but I understand it's on the next section after the tax calculation - so very near the end of the tax return entry screens - maybe the last page before submission.

nomunnofun

Pennywise wrote: »

You're trying to fill in the wrong box. You need to be filling in the box to make an application to reduce the payments on account for 2012/13 - that's completely different for claiming relief for 2012/13. I don't use HMRC website myself, but I understand it's on the next section after the tax calculation - so very near the end of the tax return entry screens - maybe the last page before submission.

Spot on - at the very end of the return.

JanSW

Thank you very much, that was not in any way intuitive, but I found it once I clicked Next (which I thought was going to submit and accept the calculation, but it actually was only one more step in the process).