Topics

Submit a computation instead of SA302 for a mortgage application in Personal Tax

HMRC and UK Finance agreement on SA302

Form SA302 cannot be produced in Personal, Business and Trust Tax because HMRC does not allow it to be edited. However, following an agreement between HMRC and UK Finance (formerly the Council of Mortgage Lenders), you can submit third-party computations in place of the SA302 for the purpose of mortgage applications.
If a mortgage provider from the list of approved lenders refuses to accept an SA302 produced via third party software, contact HMRC for guidance.

Print the Personal Tax computation and HMRC Tax Overview

The computation is more likely to be accepted if it is sent with the
Tax Year Overview
 from HMRC's portal. You must wait 72 hours after fully submitting your return before you can print the documents.
  1. Print the computation:
    1. Select
      Reports
      .
    2. Select
      Computation
      , then
      Computation
      .
    3. Mark the
      Summary
       checkbox.
      note
      The Taxpayer name and UTR must be included and easily identifiable. This information is included at the top of the Tax Computation Report.
  2. Print the Tax Year Overview:
    1. Choose the relevant client, if you're a registered customer representative.
    2. Select
      Self Assessment Overview
      , if going through
      Your Tax Account
      .
    3. Select
      View account
      , then
      Tax years
      .
    4. Choose the year from the dropdown list, then select
      Go
      .
    5. Select
      Print your Tax Year Overview.
note
The instructions to print the Tax Year Overview were provided by HMRC. If you need further guidance on how to print the Tax Year Overview, contact HMRC.
Some mortgage lenders have asked customers to provide these documents from the customer’s self-service online account and may ask customers to provide copies of both documents. However, other lenders are still giving this information to their front line staff. We strongly recommend that borrowers confirm with their lender what is required from them, before obtaining the documents. We encourage your client to do this before submitting any information to the lender.

This article applies to:

  • PRODUCT: Digita Personal Business and Trust Tax