CT600 AIA error message
Hi,
It's late - I'm probably being blind (or thick, or both! :) ).
Trying to complete HMRC online CT600 comp. Very small company has purchased assets of £2k this year, all which can be claimable under AIA.
Have put in the correct entries in box CP83 for expenditure in year, box CP88 for allowances claimed, but WDV c/f instead of showing as £nil, shows as £(2,000).
Anyone come across this before? Online filing is obviously closed and deadline is asap for filing.
Thoughts??
Thanks
Sid
X ERROR:The written down value carried forward cannot be negative. Please check and correct the entries you have made in boxes CP78 to CP89 and CP91.
Written down value carried forward: CP92 £ -2,000
Expenditure qualifying for Annual Investment Allowance (AIA): CP83 £ 2,000 Allowances and charges
Total allowances claimed: CP186 £ 2,000
Written down value - should be nil but comes up with error message below:
Annual Investment Allowance claimed: CP88 £ 2,000
Additions for Annual Investment Allowance
Bug
Hi,
I spoke to online filing who had no idea what AIA was (did I expect them to?!), and they put me through to Corporation tax office, who went through my filing (there were no issues as all was 100% correct) and suggested that I put it through as a FYA and then put a note on file.
I couldn't be bothered with the hassle and potential comeback (submission needed to be asap), so just bought 3rd party software a month earlier than I planned to and filed that way.
Guess that doesn't help if you were not planning on buying any CT software!
Sid
Sudipta Moore - Director, Moore Accountancy
For Your Personal and Small Business Accounting Needs
http://www.mooreaccountancy.co.uk
Accountants in Altrincham
CT600 Annual Investment Allowance
Hope someone has an answer as I have exactly the same problem doing my brother-in-laws' CT600
Suspect it's a bug in the online system