Reply To: Overpayment created due to undeclared capital

#163408
Michelle111181
Participant

See this is the argument I am having. At first I thought straightforward case as capital is still over the £16,000.00… but something in my head was saying about Reg 103 Diminution of capital. It has always been cases of notional capital I have had where I have had to use the diminishing notional capital Rule.