ScheduleContent of return

Prescribed information

7.—(1) The excess amount information is—

(a)whether the excess amount is an excess individual amount or an excess scheme amount,

(b)whether the excess amount is being offset or reclaimed,

(c)the amount that is being offset or reclaimed,

(d)where a top-up payment has been made in respect of the individual—

(i)the amount of repayment interest due in connection with the excess amount, and

(ii)if regulation 8(2) does not apply, the amount of that repayment interest which, when added to the excess amount, exceeds the amount of the relevant charge in paragraph 6(1)(c) or (d), and

(e)where the excess amount is included by virtue of the condition in regulation 7(6)(b) being met, particulars of why it was not reasonably practicable for the excess amount to be included in the same return as a top-up payment that relates to the same individual.

(2) Where an excess amount is being reclaimed and a relevant charge was included in an earlier return, the excess amount information also includes—

(a)the date of the earlier return, and

(b)the top-up payment information in paragraph 6 contained in the earlier return in respect of each top-up payment that gave rise to the relevant charge.