Can you claim back CIS deducted in following tax year?

Can you claim back CIS deducted in following...

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Client has enough PAYE to be able to deduct CIS deducted from his invoices, but forgot to do this for a payment in 14/15. Can he claim that CIS back in this tax year?

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By stratty
22nd Apr 2015 13:21

EPS

Submit an EPS for the relevant month in that tax year?

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By Moonbeam
22nd Apr 2015 13:26

I don't understand

You can only submit EPS for the current tax year if the old one is closed.

As the CIS deductions were made in 14-15 I can't see that this is possible.

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Replying to NYB:
Euan's picture
By Euan MacLennan
22nd Apr 2015 16:59

Software restriction?

Moonbeam wrote:

You can only submit EPS for the current tax year if the old one is closed.

The HMRC guidance says:

"Correcting an Employer Payment Summary (EPS)

To correct a mistake in the same tax year, send an EPS with the correct year-to-date figures.

For previous tax years, send an EPS with the correct year-to-date figures for the tax year where you made the mistake."

 

If you cannot file an amended EPS for a previous year, it must be a restriction in your software, not an HMRC restriction.  If your software really will not let you do it, you could try using HMRC Basic PAYE Tools.

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RLI
By lionofludesch
22nd Apr 2015 14:45

No is the answer.

He  needs to go through the repayment process.

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By Moonbeam
22nd Apr 2015 17:16

Thanks to Stratty and Euan

This client is using Moneysoft, and therefore I know this advice should work. I'll ask him to have a go. Thank you - you've saved him a lot of hassle. I made an assumption about the EPS date, as I have never had this problem before.

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By stratty
22nd Apr 2015 17:27

Moonbeam

Happy to help.

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