There is an automated figure in Amount of nominated income for Remittance Basis
Article ID
ias-11816
Article Name
There is an automated figure in Amount of nominated income for Remittance Basis
Created Date
7th October 2014
Product
IRIS Personal Tax
Problem
From the tax year 13/14 and onwards, HMRC have provided IRIS with a new schema that the software will follow. The HMRC have required that an automatic calculation behind the scenes is entered into the software and if there is an appropriate figure that needs to go into box 33, then it will automatically show. In all previous years the box has been left blank so that you have been given the opportunity to enter in what you wanted to enter. However, as mentioned above HMRC have changed this from 13/14 onwards. Due to an enhancement request, users will be able to override the automated amount by selecting the tick box for ‘Do you want to override the calculated nominated income value?’ if this is selected, it will allow the user to override the calculated figure.
Resolution
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