Do I need to amend a SA100 if no net Tax change

15/16 tax year, PPI Interest taxed at source, do I amend SA100?

Didn't find your answer?

I Have a client that has asked me to look at the PPI Interst reclaims for him

18/19 tax year - no issue, just add to his SA100 and reclaim the entitled tax on interest

Problem is 15/16 tax year, client received PPI Interest with Tax deducted. I can resubmit with Interest figures, but there will be no net change in Tax due as it does not push my client into the next tax bracket. This would merely be for completeness on a four year old return. (That the previous Accountant filed)

So do I file an amendment for completness, add Interest add Tax. Nil net adjustment.

or do I ignore it?

Thanks in advance

Replies (3)

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By K81
24th Oct 2019 13:06

its too late to amend the 2016 tax return. I would just write to HMRC pointing out that this was missed from return in error but that there is no tax loss.

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By Wanderer
24th Oct 2019 13:30

Personally I wouldn't bother amending or writing.
Make a file note as to why you didn't and move on.

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By JDBENJAMIN
25th Oct 2019 13:09

Nobody will care. Ignore it.

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