COM120020 - Repayments / reallocations: overpayments: general: overpayments that cannot be handled automatically
COTAX handles most reallocations and repayments and calculates any repayment automatically. COTAX does not reallocate or repay an overpayment when:
- repayment / reallocation inhibit signals have been set on the overpaid AP or
- certain conditions exist on the potentially receiving AP.
Some inhibitions are automatically set by COTAX but you can also prevent COTAX from making automatic repayments and reallocations by setting the appropriate signals. See COM120030 for more information.
Overpaid AP
Other APs
Potentially receiving AP
Overpaid AP
If any of these conditions apply to the overpaid AP, COTAX does not make automatic reallocation or repayment.
- No self assessment has been recorded.
- »Ê¹ÚÌåÓýapp AP has been cleared NDR (No Determination Required).
- »Ê¹ÚÌåÓýappre is a revenue determination, discovery assessment or jeopardy amendment present.
- »Ê¹ÚÌåÓýapp ‘QIPâ€� signal is ‘Pâ€� or ‘Yâ€�.
- »Ê¹ÚÌåÓýapp ‘enquiry in progressâ€� signal is set to ‘Yâ€�.
- »Ê¹ÚÌåÓýapp CDII (credit/debit interest indicator) is set to ‘Yâ€�.
- Participating AP is within a GPP (group payment period) with a status that is not ‘cleared�.
- Participating AP is not linked with a GPP.
- Tax or penalty is under appeal.
- »Ê¹ÚÌåÓýappre is an informal standover of tax or penalty (posting ISO) present.
- »Ê¹ÚÌåÓýapp insolvency signal is other than ‘Sâ€�.
- »Ê¹ÚÌåÓýapp pursuit status is or .
- A cheque payment has been received that has made the AP overpaid. COTAX does not repay or reallocate any cheque payments until after 14 days of receipt to allow time for the cheque to clear.
- S963 CTA 2010 (formerly S102) surrender claim and inhibit reallocations and repayments signal set automatically by COTAX.
- »Ê¹ÚÌåÓýapp â€� is set to ‘Yâ€�.
- »Ê¹ÚÌåÓýappre is a potential penalty due because of a late return.
- »Ê¹ÚÌåÓýappre is an informal discharge (posting IDI) present.
- »Ê¹ÚÌåÓýappre is a class 10 remission.
- »Ê¹ÚÌåÓýapp overpayment has arisen as a result of a payment allocated as specified by the company to make a duty type overpaid (14 days inhibit).
- »Ê¹ÚÌåÓýapp signal is set.
- A closure notice has been issued with a revenue amendment (14 days inhibit).
An automatic repayment is also not made where any of the following apply.
- A payable order would go to an address that is RLS.
- ‘Repayments only� have been inhibited by an operator.
- »Ê¹ÚÌåÓýapp company have asked for small repayments to be inhibited.
- »Ê¹ÚÌåÓýapp overpayment is for £20 or less, repayment to debit or credit card is not appropriate and bank details are not held on COTAX.
Other APs
If any of the following conditions apply to other APs for the company, COTAX does not make automatic reallocations or repayments.
- Automatic reallocations and repayments have been inhibited by an operator for all APs.
- »Ê¹ÚÌåÓýapp company have delivered more than one return at the same time (multiple return (Word 33KB)).
- »Ê¹ÚÌåÓýapp ‘enquiry in progressâ€� signal is set to ‘Yâ€�.
- »Ê¹ÚÌåÓýapp ‘QIPâ€� signal is set to ‘Yâ€� or ‘Pâ€�.
- »Ê¹ÚÌåÓýappre is a revenue determination which has been automatically stood over because there is a logged return but no corresponding self assessment recorded for that AP.
- »Ê¹ÚÌåÓýapp participator has an underpaid AP in a Group Payment Arrangement.
- »Ê¹ÚÌåÓýappre is a repayment claimed for an earlier year on a later years return.
Potentially receiving AP
If any of these conditions apply to the potentially receiving AP, COTAX does not make automatic reallocations.
- »Ê¹ÚÌåÓýapp AP is past its normal due date and has no tax charge present.
- »Ê¹ÚÌåÓýappre is a suspension present.
- »Ê¹ÚÌåÓýapp ‘clerical interestâ€� indicator is set to ‘Yâ€�.
- »Ê¹ÚÌåÓýapp pursuit status is LA-ENF or RFI.
- »Ê¹ÚÌåÓýappre is an informal discharge (posting IDI) present.
- »Ê¹ÚÌåÓýappre is a manual remission (posting RMM) present.
- »Ê¹ÚÌåÓýapp reallocation will make a superseded AP overpaid.
It also does not automatically reallocate where the due date is more than 60 days ahead unless the company have asked for small repayments to be inhibited or the overpayment is for £20 or less, repayment to debit or credit card is not appropriate and bank details are not held on COTAX.
In these cases it automatically reallocates to a future AP regardless of when it becomes due.
See: