Paul Williams

I called 0300 0200 3600 for advice. The person I spoke to suggested I restore a previous version of BPT to a date prior to when I submitted the final payment and Final Submission and do it again. So that is what I did. Now my taxable income summary shows the correct total value for the year but the summary of payments shows my revised payment and the previous incorrect payment and the changed payment, so there are three payments for the final month where there should only be one. What can I do to correct the record? Please HMRC can you give me some sound written advice?

Follow up: This was my mistake. Some of the numbers were 758 and some 785 and I hadn't noticed so the P60 figure was correct. To make the years payments correct I went into BPT and changed the final payment so that the total payment for the year was correct £9,100. Now when I sign in to Government Gateway and check the total payments received in the year each payment is correct but the total is incorrect! There is even a note acknowledging this "The individual amounts do not add up to the total. When this happens we use the total amounts as your figures for the tax year." Why don't HMRC add the numbers up correctly? I'm wondering if this is becuase I submitted a Final Submission before making the change to the last payment. How can I resolve this?

I paid an employer 12 monthly payments of £758.33 in 2022/23. I submitted my FPS in Basic PAYE Tools then generated a P60. The P60 figure is £108 higher than the actual payments for the year. Please help.

To be clear I am a UK based small (micro entity) company using the Financial Reporting Standards for Small Entities to prepare my accounts. According to https://www.gov.uk/guidance/corporation-tax-use-hmrcs-free-filing-software?..
I cannot use the HMRC Corporation Tax online filing system to report foreign currency transactions. It is my understanding that as my accounts are translated to sterling I can be said to have foreign currency transactions however I do not need to report them. Therefore I should not be excluded from using the Corporation Tax online filing system. Am I correct?

Elsewhere I read I can convert all foreign currency transactions to sterling in my accounts. Is this correct? If I do this do I still need to use commercial software?

According to https://www.gov.uk/guidance/corporation-tax-use-hmrcs-free-filing-software I cannot use HMRC's online service to file my CT600 or company accounts if I need to report foreign currency transactions. Most of my invoices are in Sterling but some are in Euros which are received then converted to Sterling. I also make some foreign currency expense payments (hotels, taxis etc). Does this exclude me from using the HMRC online service?