COM51090 - Claims / reliefs: ACT: multiple assessments or amendments

You will sometimes wish to make or amend two or more assessments at the same time as the result of a carry-back of losses, non-trading deficits or ACT.

COTAX deals immediately with any overpayment or additional liability that is created when you confirm the individual assessment. You must inhibit the repayment before making or amending any assessments if the actions you take will create

• An additional liability for one or more APs

• An overpayment for another AP or APs

You must also remove the inhibit signal after making or amending the assessments. For more information see subject ‘Inhibit Automatic Process’ (COM121000) in the ‘Repayments / Reallocations’ business area.

This will cause COTAX to set-off the potential repayment against the fresh liability, rather than issuing a demand and a repayment on the same day.

For a list of functions to use in particular situations, see COM51091.