188体育

Open item statements
Simple statements

Open item statements

The transaction descriptions used on Open Item taxpayer statements to describe various miscellaneous items are as follows:

Miscellaneous	Description on taxpayer statement
Accruing interest	Plus interest up to鈥︹€�.. (date)
Formal standover	Currently suspended on Appeal
Informal standover	Collection suspended
Collectible amount	Amount due after any adjustment (see note 1)
Total of all credits set against a charge	Total credits (see note 1)
Open item balance	Balance (see note 2)
Statement balance after any allocation to charges due within 45 days	Balance of account at 鈥︹€︹€�. (date) (see note 3)
Statement balance before any allocation to charges due within 45 days	Balance before allocation to sums becoming due (see notes 2 and 3)

Notes:

1. These descriptions only appear on statements created after November 1998

2. This description only appears on screen prints of statements

3. Payment credits are allocated to charges becoming due within 45 days. The 45 day period is a parameter and can be varied

Simple statements

The transaction descriptions used on taxpayer statements to describe various miscellaneous items are as follows

Miscellaneous	Description on taxpayer statement
Accruing interest	Interest - this is a single summarised amount and is the total of any late payment interest and accruing interest that has arisen since the last issued statement
Formal standover	Various descriptions apply see Note 1 below
Informal standover	Various descriptions apply see Note 1 below
Adjustment to balancing charge credit	Adjustment to overpayment from yy/yy return. Note: If the adjustment is as a result of an enquiry amendment, the description is 鈥楢djustment to overpayment from yy/yy return following enquiry鈥�

Note 1: When a formal or informal standover is applied to a charge, the description includes part of the originating charge description to help the taxpayer identify which charge is being stood over. Formal standovers are identified by the words 鈥榮uspended on appeal鈥�. Informal standovers do not include the words 鈥榦n appeal鈥�.

For example, if the origin of the charge is a Revenue Assessment and it is being formally stoodover, it is described as 鈥楨nquiry amendment for yy/yy suspended on appeal鈥�. If the origin of the charge is a balancing charge and it is being informally stoodover, it is described as 鈥楤alancing payment for yy/yy - amount suspended鈥�.