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Current client debt : Contents

Adding a debt to the tax year

When you create a taxable debt in SWIFTT on a cancelled record or for a previous tax year, SWIFTT will generate a memo via LSUM. The memo has the details of the debt that needs to be added to the appropriate tax year. The following outlines the SWIFTT process to follow.

SBDR

action to create the debt

LSUM

print the memo produced as a result of the backdated review with details of the debt amount to be added to the appropriate tax year

SDBTI

debt inquiry for the client - select F4 to go to STAXI screen

STAXI

select the appropriate year and DBT which takes you into SDBTA screen

SDBTA

add the following details:
- benefit/pension code
- the net debt amount
- the period that the debt represents
- debt recoverable regulation 208 indicator
- debt status and breach type
- comments as appropriate

New debt established on or after 26 September 2002

New debt established on or after 26/09/2002 must be checked against the debt write-off criteria to decide if the debt or part of the debt is recoverable.

For more information see: