flat rate expense q

rania

Registered User
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84
just got husbands p21 for 08, and have a question hope someone can help.
on his tax credit certificate for 08,he had flat rate expenses of 139 +expenses of 695
in the p21 the flat rate expenses of 139 are gone
if you are entiltled to extra expenses do you not get the flat rate as well>?becuase both expenses are on this years tax credit cert too.
 
There is just one flat-rate expenses allowance here, of 695.

The associated tax credit is 20% of that, which equals 139.

Both amounts will appear on a cert of tax credits, the 139 will be listed as a tax credit, while the 695 is an increase of the SRCOP.

On the P21, yes you are right, just the 695 will be mentioned.

That is correct, don't worry.

If you want a detailed answer, I can get back to you, but it's ok that just the 695 is on the P21.
 
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