What data is rolled forward from previous year’s tax return created in PM/SA Solution?
What data is rolled forward from previous year’s tax return?
PM/SA Solution rolls forward the following:-
- Supplementary schedules, e.g. Employment, Partnership, etc.
- All drill down data detail, e.g. bank interest, pension payments, etc. Note that the actual amounts are set to zero
- Bank account and Nominee details
- Account and basis periods are automatically taken forward one year
- Carry forward boxes such as Losses & Overlap Relief
- Payments on account from last year
- Various minor details such as eligibility for blind persons allowance, etc.