Hi, I have quite a few limited companies, where there is only one director being paid a basic salary and dividends as the only shareholder. They all seem to be in the midst of applying for mortgages at the moment and they all come to me asking for their SA302 form. Previously other clients have sufficed with a copy of their full personal tax return, signed company accounts and an accountants reference if requested.
From my experience Iris software used to produce an SA302 form as part of its self-assessment form and summary. I am now using Digita which still produces the same tax calculation summaries but it isn't labelled as an SA302 form.
HMRC say that if you personally submit your tax return online through HMRC then you can print an SA302 form and if you used an Accountant then you can ask them for one.
So my questions are-
- Is the Digita report that looks like an SA302 acceptable as an SA302?
- If not, other than contacting HMRC to request an SA302, how do I produce one if I used software to file the return?
- Surely a copy of the submitted full tax return, tax calculation, summaries and schedules is sufficient to provide the same information and that an actual SA302 is not required?
Any advice would be much appreciated, thank you.