Originally posted by AtW
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Previously on "16/17 Self Assessment Specification Errors"
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Must be nice growing up in Russia or a corrupt country thinking the British system should be trusted completely....
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They've made the system so bloody complex that they can't even calculate correctly the amount of tax due.
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Agreed, will leave it for accountant to figure out in due course.
Just amazing how ridiculously complex its all become thanks to Chancellors endless tinkering.
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Sure, I understand that. I meant it shouldn't affect me due to my income circumstances rather than the fact I use FreeAgent (hopefully). What I meant by waiting for FreeAgent to update their software is that they have to updated each year with the new tax calculations and it normally doesn't happen until around May.Originally posted by DeadEyedJacks View PostThe thing is that any tax software which interfaces with HMRC has to replicate the same errors that HMRC has in their code.
So any online submission within the boundaries outlined will generate an incorrect tax charge regardless of the package used.
The whole thing is a mess though.
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The thing is that any tax software which interfaces with HMRC has to replicate the same errors that HMRC has in their code.Originally posted by TheCyclingProgrammer View PostWait a minute - I though tax wasn't supposed to be taxing?
I read about this the other day actually, I don't think it applies to me. I didn't even know you could submit your tax return for 16/17 yet, I didn't think this was possible until after the end of the tax year. I use FreeAgent to do mine anyway so I need to wait for them to update their software.
So any online submission within the boundaries outlined will generate an incorrect tax charge regardless of the package used.
Apparently HMRC aren't going to fix their code nor notify people who are overcharged due to their coding errors.
So you'll need to work out your tax calculation on paper / spreadsheet before performing the online submission and flag it if numbers don't match.
http://www.accountingweb.co.uk/tax/h...e-paper-filingLast edited by DeadEyedJacks; 31 March 2017, 15:08.
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Wait a minute - I though tax wasn't supposed to be taxing?
I read about this the other day actually, I don't think it applies to me. I didn't even know you could submit your tax return for 16/17 yet, I didn't think this was possible until after the end of the tax year. I use FreeAgent to do mine anyway so I need to wait for them to update their software.
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16/17 Self Assessment Specification Errors
From Ross Martin
Software specification error affects 2016/17 Self Assessment
Head number two may effect some CUK members
I feel less bad now at the herculean effort to model comprehensively 2016-17 12 months ago, and de bug the results.Tags: None
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