Form 11E Section K

[Josvill2010]

Hi,

When would I be required to use Section K- Request for short notice of assessment for 2008?

Is there a good explanation with example in the revenue.ie

Thanks,
j

 

[Graham_07]

Perhaps if you needed to show tax due but the party reading the assessment could not see the income or claims amounts behind the tax amount.

 

[Josvill2010]

Thanks Graham. I appreciate your help,

I am still confused Payable Repayable
701. Tax liab (bf preliminary tax)
702. Preliminary tax for 2008 110
703. Balance payable/repayable 10

Why do they have payable and repayable?
Where do I get 701 from? This year or last year

eg I paid 100 last year in preliminary tax but I know now I should have paid 110. I owe 10 to revenue. I guess 703 €10 Payable

Does €100 go under 701 (Payable)?

 

[Graham_07]

The total liability comes first. Computed from the return submitted.
The prelim paid comes next ( which you paid last oct )
The balance is the difference between the liability and the payment.

 

[Josvill2010]

Thanks Graham