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I have just tested the new R68(i) which I was able to download from the HMRC website.
I re-ran a claim which I had submitted in March as a test.
I had two schedules produced by GATS, the first of which had a single donor in the period to 5.4.10. The second schedule was 7 pages long and ran up to the latest donation date of 15.2.11.
The new form now provides for you to type in each donation into the appropriate year slot, so I did this for the single donation, copying the details from my schedule produced by GATS. (As in GATS, you can type the donation date as 6 digits (190310) and the software formats it automatically.)
The HMRC website guidance says that where there are over 50 entries in a period you can type ‘See attached’ in the donor field, the date of the latest payment (which you can take from the top of the GATS schedule) and the total donations (from the last page of the GATS schedule). I have checked with HMRC as to the position where you have less than 51 donors, and they have said that we can continue to use the schedules produced by GATS.
The HMRC software puts the totals into Boxes A and B and works out the reclaimable tax. As far as I can see, the only advantage, to the user, of this form is that you no longer have to do the ‘multiply by 20 then divide by 80’ calculation yourself!
We strongly recommend continuing to use GATS to prepare your schedules (whatever the number of donors in the period), as GATS does all the work of aggregating donations from each individual, and also shows the Earliest and Latest Donation dates which you need for the new form. It is most important that, having created the schedules in GATS, you mark items as ‘Claimed’, to ensure that they do not repeat on a subsequent claim.
A new line appears on the R68(i) form for the period from 6th April 2011, in order for HMRC to handle the absence of Transitional Relief from that date.
Angus Cleaver 12.04.11
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