CIS deduction error from previous tax year

[eddies]

Following the retirement of our previous book-keeper I've recently taken over our payroll and have found an error dating from the 2014-15 tax year. During that year we worked for one company who deducted some CIS payments from us and we still have £149.31 that our previous book-keeper hasn't claimed back via PAYE.

Can I reclaim it somehow or are we out of luck now that it's a new tax year?

 

[David Griffiths]

No you aren't out of luck. You simply file an EPS submission through your payroll for 2014-15 with the correct figures.

 

[justintime]

Hi David, I have some corrections to CIS suffered for this year, and was going to refile the last FPS. From what you say to the OP, the final EPS will correct it if I make the changes first?

 

[eddies]

Thanks for the reply. I'm not sure if I can file an EPS submission as our previous book-keeper used Sage up until I took over in December. I'm now using Moneysoft so it only has the figures for this year, and I'm not sure if it can file updates. Would I have to do an EYU through the HMRC Basic Tools?

 

[David Griffiths]

It's not an EYU it's an EPS, which can be filed at any time. I know that Moneysoft doesn't do EYUs but it should be able to do an EPS. The problem is that you might have to set up the year 2014-15 in order to file the submission (I can't comment on practicalities of using the software)and you might question if it's worth all the faffing about for the money concerned. Only you can make that call.

 

[avalanche]

https://www.gov.uk/payroll-errors/correcting-payments-to-hmrc

In payroll manager there is a section for previous year overpayments under the employer tab

I'm not sure if this is the correct way to do it but I have got to do the same myself and am waiting for confirmation from my accountant

 

[avalanche]

I have just seen my accountant and she told me to add it to my cis suffered for last year to last month as the hmrc have a running total of all cis deductions made so will show up ok

 

[David Griffiths]

That's fine for dealing with a deduction for 2015-16, The original question was about 2014-15

 

[avalanche]

It was 2014-15

 

[kevin.doran]

In that case your accountant is wrong. You will need to submit a revised EPS for 14/15, not bolt it onto the 15/16 figures. I would also follow it up with a letter to HMRC. They keep rolling figures throughout the year but they don't c/f one year into the next like that.

 

[avalanche]

It was not a straight forward case with mine, I had cis sitting in different accounts and has been in the process of getting sorted for over 12 months.
The account number for last year is different to this year and my accountant has been communicating with the hmrc so I can only assume it has been agreed

 

[eddies]

Thanks to David & Kevin for your advice. It appears that I can file an EPS for a previous tax year through Moneysoft, which is good news. Do I just input the overpaid amount on the revised EPS to be added to the previous one or do I put in the CIS figure for the whole year to supercede the previous EPS in full?

Also what happens once the EPS is filed, will HMRC let me take the overpaid amount off this month's PAYE automatically or do I need to contact HMRC to request a refund. I've tried researching it but again have seen conflicting advice.