IHTM29103 - Recording yield-form Unit 4

If you work in PC&S you should use form Unit 4 to record adjustments to yield on all settlement and lifetime cases. If you work in Compliance you should to record adjustments to yield on lifetime and settlement cases that were opened on COMPASS before 1999. The template for form Unit 4 can be found on the knowledge tree at K:\IR Capital Taxes\Operational\I H T\Forms\Internal Forms\Unit 3 + 4. The form is more or less self explanatory but if you have any problems filling it in the Products and Process Team will be able to give you advice on how to do this

Settlements

You should not record adjustments to the 'historic value' of the settlement on form Unit4, but any yield you get as a result of these adjustments, especially where the account was submitted as non-taxpaying, should be included at Box D.