Tax Return Groups

Tax Return Groups are groups of items which go into the same box on the Tax Return. Personal Tax avoids referring specifically to box numbers because HM Revenue & Customs can change box numbers from year to year. For example, a template for importing a trial balance might recognise nominal codes 851 for HP liability and 853 Lease obligations, and both of these might be mapped to the tax return group 'OLIAB' relating to Other liabilities. Items within the OLIAB tax return group will appear in Box 3.103 on a 1997 Tax Return and box 3.102 on a 1998 Tax Return.