Thank you for your feedback.

Was this useful?

Business Tax- Enter Bank details and Sort code. Boxes 945, 950, 970 and 980 are blank?

Article ID

business-tax-enter-bank-details-and-sort-code

Article Name

Business Tax- Enter Bank details and Sort code. Boxes 945, 950, 970 and 980 are blank?

Created Date

11th August 2021

Product

Problem

IRIS Business Tax: Where to enter bank details for a repayment (Example for a loss carry back) and Boxes 945, 950, 970 and 980 are blank?

Resolution

Boxes 945/950/970/980 are blank on the tax return?- This is a HMRC restriction. This data information does not need to be shown on the Electronic Tax return. The information is only saved on the draft return for your own records.

Where to enter bank details for a repayment (Example for a loss carry back) 

  1. Load the client and the relevant period in BT
  2. Data Entry
  3. Overpayments and Repayment claims
  4. Bank details and Payments to Person
  5. Click ‘Bank Details’ and New
image 9 | Business Tax- Enter Bank details and Sort code. Boxes 945, 950, 970 and 980 are blank?
  1. Click the magnifying glass and either find a existing bank or create new one (Step 7)
image 10 | Business Tax- Enter Bank details and Sort code. Boxes 945, 950, 970 and 980 are blank?
  1. Click New and fill in the details and sort code and OK. Highlight the newly created bank and click ‘Select’
image 11 | Business Tax- Enter Bank details and Sort code. Boxes 945, 950, 970 and 980 are blank?
  1. Fill in the account number and name etc. Then Ok, select the bank again and click ‘Select’. The Bank details form will now be populated.
image 12 | Business Tax- Enter Bank details and Sort code. Boxes 945, 950, 970 and 980 are blank?

Thank you for your feedback.

Was this useful?