Accrued Income Scheme - entering negative losses

Article ID: 2965
Last updated: 11 Dec, 2019

If you have received losses from the Accrued Income Scheme and deeply discounted securities, unfortunately, according to HMRC Exclusion 4 a negative amount cannot be entered into box 2 of the Lloyds Pages (LU1), in SimpleStep mode, Profits from Accrued Income Scheme and deeply discounted securities box.

If you need to enter a negative amount in this box, you will not be able to file online and should contact Lloyds Underwriters, Unit S1278, Newcastle upon Tyne, NE98 1ZZ for advice.

Article ID: 2965
Last updated: 11 Dec, 2019
Revision: 2
Views: 56
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