CT600A errors 9466 and 9469: Loans to participators rounding problems in Corporation Tax

Scenario

9466: If the loans to participator rate does not change in the accounting period of the return then Box A20 must equal Box A15 multiplied by the loans to participator rate for that period. Round down for fractions less than half a penny and round up for fractions of half a penny or greater.

9469: If the loans to participator rate does not change in the accounting period of the return then Box A45 must equal Box A40 multiplied by the loans to participator rate for that period. Round down for fractions less than half a penny and round up for fractions of half a penny or greater. 

Cause

Solution

Open the client in Corporation Tax.
Select the
Accounting Period
in which you've entered the loan to a participator.
Select
Accounts
, then
Loan to Participators
.
In the
Loan to Participators
schedule, select the loan, then
Edit
.
Change the
Amount
of the loan by 1 to make it an even number.
Select
OK
.
Go to the next
Accounting Period
in which you've entered the the repayment.
Repeat steps 3 and 4.
Change the
Amount
of the repayment to match the loan amount you've changed to an even number.
Select
OK
.
If there's more than one loan, repeat this process for each one.
Select
Validation errors
to check if you’ve cleared the errors.