Accrued income relief is being deducted from box 3.4 on the R40
Article ID
ias-10861
Article Name
Accrued income relief is being deducted from box 3.4 on the R40
Created Date
14th March 2013
Product
IRIS Personal Tax
Problem
When there is accrued income relief entered in Iris through Reliefs etc – Other Outgoings and Relief – Accrued income relief, this amount is being deducted from box 3.3. This leads to box 3.1 and 3.2 not adding up to box 3.3
Resolution
Iris is following the guidance as per the R40 guide pages 4 and 5 provided in the link below.
https://www.hmrc.gov.uk/forms/r40notes.pdf
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