COM23091 | Assessing: CTSA assessments: make or amend tax or penalty charges on same day (Action Guide)

To prevent COTAX issuing a repayment and a payment application when you make or amend an assessment and select auto issue of a penalty determination or use function PPEN (Prepare Penalty Determination) to issue a penalty for the same period on the same day, consider steps 1 - 4 below.

1. Use function MRSC (Maintain Repay/Realloc Signals (Company)) to set the ‘inhibit reallocations and repayments’ signal against all Accounting Periods (APs).

2. Use function RAMA to record or amend the assessment.

3. At the end you are presented with the following choice of actions regarding any penalties:

• allowing the automatic issue of penalties

• proceeding to function PPEN to issue or revise the penalty determination

• setting the ‘no penalty required’ indicator

• you should normally select proceeding to function PPEN to issue or revise the penalty determination

4. Use function MRSC again to unset the ‘inhibit reallocations and repayments’ signal.