Sage 50 Corporation Tax Error 9288

When submitting the CT600 return, if the user is claiming the Annual Investment Allowance for more than £200,000 cap, the HMRC server will reject the submission with an HMRC validation message, which is as follows:

• Error Number: 9288
• Error Type: Business
• Error Text: The sum of Boxes 690 and 735 must not exceed the apportioned AIA limit

Many users have reported that they have faced the Sage 50 Corporation Tax Error 9288 while filing their taxes. If you are also troubled by this issue, we can be of great help. In this blog, we will look at how to fix this issue once and for all.

What is Sage 50 Corporation Tax Error 9288? What Causes this Error?

This Sage 50 Corporation Tax Error 9288 is primarily a validation error linked to the AIA (Annual Investment Allowance) Limit. This is the limit you can deduct from your total profit and the deduction needs to be made before you file the tax. All such deductions need to be shown properly on the tax form.

Sage 50 gives you the option to set the AIA Limit. Please note that, if you wish to increase this limit, you can do this by going to the settings for the AIA. If you specify an AIA amount more than the previously set amount, the Sage 50 Corporation Tax Error 9288 occurs. As a result, the Corporation Tax is not recorded properly.

In the Autumn Budget 2021, the annual investment allowance has been extended by HMRC with a provisional £1 million cap till 31 March 2023. This extension of the temporary £1 million cap was initially due to revert to £200,000 as of 1 January 2022, but this will now happen on 1 April 2023.

Nevertheless, HMRC has yet to update its servers with the extended amount of £1 million cap. Therefore, for any submissions that have been made with the Annual Investment Allowance claim of more than £200,000 cap, the above error will be offered by the HMRC servers till they get updated with the extended limit.

Solution:

HMRC has informed the users/clients/customers that the Corporation Tax online service will be updated to reflect this change by 30 June 2022. Hence, once the HMRC updates its servers to reflect the extended limit, the user can submit your return with the said extended limit.

Need Experts Help-: How to Fix Sage 50 Error 3001

How to Fix Sage 50 Corporation Tax Error 9288?

Please note that this Sage 50 Corporation Tax Error 9288 is specific to a certain Sage version. You can easily fix this error by installing the latest updates for your versions, released by Sage 50 from time to time. 

Please follow the procedure below to uninstall your current Sage version and install an updated version of the Sage 50 software –

• Log in to Windows with admin credentials
• If you are using Windows 8.1 and lower, locate Programs and Features. Then click Control Panel >>Start
• If you are using Windows 10, right click on the Start menu. Then click on Programs and Features >> Apps and Features
• Select the Sage 50 version you are using, from the list
• Click on Uninstall
• Now you can install Sage 50 by downloading the updated product from Sage 50 Product and Payroll Updates 
• If a previously downloaded installation file exists on your system, browse to C:\Sage\Sage 50 Accounting Installer files 202*.*
• Do a double click on the launch.exe file to begin the installation process. You will get a prompt like-

• Click on the Yes tab to continue
• The Sage 50 Install Shield wizard will come up
• Click on Next to continue.
• On the next screen, click Install Sage 50

• Choose your language
• Click OK 
• You will get a prompt, asking if you want to go ahead with the installation
• Select Yes

• If Windows Firewall is enabled, you will receive another prompt, asking if you want the Firewall automatically configured for the Sage 50 software.
• Select Yes to proceed
• Choose your preferred installation type

• If you have already installed a previous version of Sage 50:
  • The installer will automatically retrieve the activation codes, provided the computer is connected to the internet.
  • Click Next to continue.
  • Select No thanks if you need manual activation and want to enter your serial number yourself

• Click to accept the terms & conditions of the license agreement
• The Install Shield Wizard will initiate the installation 
• After the installation is complete, a confirmation message will appear
• Select Finish  
• Open Sage 50
• Check if you are getting the error message again

The troubleshooting methods mentioned above should help you to fix the Sage 50 Corporation Tax Error 9288 on your system.

HMRC Submission Errors

An error might appear when you make submissions to HMRC from Sage 50 Payroll. We know this can get quite annoying, especially if you do not know the reason.

To assist with this, here are listed below the errors that can appear:

The Solution

Common Errors

Here are some error codes and messages below:

Also Read-: How to Fix Sage 50 Error 3318

Conclusion

Sage 50 Corporation Tax Error 9288 is a relatively common issue when filing taxes. Fortunately, this error can be easily fixed by following the steps outlined in this article. If you are still experiencing difficulty or need further assistance with your tax returns, it is always recommended to consult an accountant or a qualified tax advisor for professional support and advice. By understanding what causes Sage 50 Corporation Tax Error 9288 and knowing how to resolve it, you will save time and energy during the filing process.

Frequently Asked Questions(FAQs)