Income already taxed

Use this grid to enter details of investment income which has been received by the company net of income tax. This screen is accessed via the Data input tab within the tax return.

Your computations should include a detailed calculation of this figure.
To find out more about the set-off of Income Tax please see CTM35250.

• Description of income – enter a brief description of the income.
• Gross income – enter the gross income received.
• Tax paid – enter the tax paid on the income.

To delete a line from the grid, click the ‘trash can‘ button at the end of the line.