SAM123051 – Returns: trust
returns: part year trust returns for the current tax year (Action
Guide)
When you receive a part year return for the current year follow
steps 1 - 4 below. For details of how to access the function,
select ‘Index Of Functions’ on the left of the
screen.
- Do not attempt to use function LOG RETURN to record the date of
receipt
- Pass the return through to the officer with the user role of
Clerical Processing Officer to calculate the liability to the date
of cessation
- Pass the trust folder with the return to the Compliance Manager
to consider whether any further liability arises on the cessation
of the trust
- Following instructions from the Compliance Manager
- Use function CREATE RETURN CHARGE to record the
liability on the trust’s SA record
Further information on permanent cessations can be found at
SAM90000 onwards.
