1. I'm fairly sure that a return was issued on 6 April 2022 and that he hadn't been taken out of SA. For many years he's had a liability arising from child benefit payments, less a reclaim on business mileage. It seems so odd that they can have a received date before the issued date.
2. This has not been a nil liability return for many years and was submitted on 2nd January, so hardly peak submission time.
3. Yes, it was submitted on 31st January but hasn't been a nil liability case. This year, though, there was a new claim for marriage allowance. Five days after resubmitting the return as HMRC requested it is not showing up as having been received.
Sorry to post this, but every time I've tried to post the original question (even on different browsers) it's timed out. I'm just posting this response to see if it actually posts!
I've just had the final information to finish off the October 22 accounts, so at least I can rest easy this weekend knowing I have a few working days next week to deal with it!
Thanks for the responses which have confirmed my original understanding. Uninformed web articles are dangerous, but it's often hard to know which are reliable and which aren't.
My answers
The £8k was a profit. The £3k followed by the £6k were losses. My thinking was it was £3k plus £6/4 = £4½k loss relieved.
May I ask how you arrive at £5000?
I formed a company two weeks ago and it was incorporated same day.
It was 30 April, but was changed to 31 January, so 9m 1 May 2022 to 31 January 2023.
#3 of my examples was indeed a new marriage allowance claim case.
1. I'm fairly sure that a return was issued on 6 April 2022 and that he hadn't been taken out of SA. For many years he's had a liability arising from child benefit payments, less a reclaim on business mileage. It seems so odd that they can have a received date before the issued date.
2. This has not been a nil liability return for many years and was submitted on 2nd January, so hardly peak submission time.
3. Yes, it was submitted on 31st January but hasn't been a nil liability case. This year, though, there was a new claim for marriage allowance. Five days after resubmitting the return as HMRC requested it is not showing up as having been received.
Thank you for taking the time to respond. It gives me peace of mind that I was on the right track!
Sorry to post this, but every time I've tried to post the original question (even on different browsers) it's timed out. I'm just posting this response to see if it actually posts!
Thanks, that's exactly as I understood it.
I've just had the final information to finish off the October 22 accounts, so at least I can rest easy this weekend knowing I have a few working days next week to deal with it!
Thanks for the responses which have confirmed my original understanding. Uninformed web articles are dangerous, but it's often hard to know which are reliable and which aren't.