Problem reported by Karen Wyatt 4 days ago
Unable to submit return as the system has generated a 'Reverse Premiums and inducement' amount and which I have no idea why it has done this and it states it cannot be submitted as this amount should figure should be shown as a negative.
I am unable to amend this figure as I don't have access to it.
SolvedHi Karen,
I have taken a look, in this case, if you head to Dashboard > MTD for income tax > Click on review beside submission 1 > Click on the 1736 figure under Reverse Premiums and inducement > Click on the REC number under the document column > Click Edit and amend the account code.
Reverse premiums are where the landlord is paying someone to take out a lease and is usually a cost to the business.
Tommy
You must 