This section is for the input of lump sum payments from an employment, including compensation payments.
A new window displays; select Employment lump sums. A new window displays which needs to be completed. Add a section for each employment that has received lump sum payments.
Refer to HMRC's guidance on lump sum payments.
Refer to the HMRC Tax return for Self Assessment guidance if needed (opens in a new tab).
- Go to Clients > Client List and find the required client.
- On the Self assessment returns widget on the client dashboard, select the required return. The Status tab is shown by default.
- Select the Data input tab, then select Add new section.
Any previously added sections are crossed through. Once added, the section can be edited by selecting its name.
-
On Choose a section to add, under Other non-savings, select Employment lump sums.
If the section is crossed through, it has already been added to the tax return. To adjust it the existing values, close the window and select the section on the Data Input tab.
- Complete the section as follows, then select Save changes.
Employment lump sums
-
Name of employer – enter the name of the employer (mandatory).
-
Taxable lump sums
-
Taxable lump sums – enter the total amount of taxable lump sum payment.
-
Tax paid – enter the amount of any tax paid in respect of the taxable lump sum.
Other receipts including redundancy payments
-
Total redundancy and other receipts – enter the total of redundancy payments and other relevant receipts.
-
Portion of above paid for disability – enter the amount of any portion of the redundancy payment that was paid for reasons of disability.
-
Exempt amount for foreign service – enter any exempt amount for foreign service.
-
£30,000 lump sum exemption applicable – you can override the lump sum exemption that is applicable for this employment here. This may need to be reduced if, for example, you have lump sum payments from multiple employments during the year.
-
Taxable amount – this field will show the calculated taxable amount, based on the figures entered.
-
Tax paid – enter the amount of any tax paid in respect of the taxable amount.
Employer-Financed Retirement Benefits scheme
-
Relevant benefits provided under an EFRBS – enter the value of relevant benefits provided under an Employer-Financed Retirement Benefits Scheme.
-
Exemptions applicable – enter the total of any exemptions.
-
Taxable benefit – this field will show the taxable benefit arising on the scheme payments.
-
Tax paid – enter the amount of any tax paid in respect benefits received under the scheme.
Tax taken off
-
Has all tax taken off been included on employment pages? – tick this box if the tax taken off has been included with the P60 tax payments on a separate employment section.
The total tax from the relevant tax paid fields will be shown in Box 6 on page Ai2 of the Additional Information pages.