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Partnership

This section is accessed from the Data input tab within the tax return and allows input of income from a partnership. Add a section for each partnership of which the taxpayer is a partner during the tax year.

There are both full and short versions of the partnership form. These roughly correspond to the full and short versions of the partnership statement which forms part of the partnership’s SA800 tax return. Taxfiler will generate either the full form (SA800F) or the short form (SA800S) based on the information you enter in this section.

If the tax return for this partnership has already been completed in Taxfiler for the current tax year then you can link to the partnership return to automatically populate the shares for this partner. See Linking to a Partnership Tax Return for further information.

Partnership details

  • Partnership name – input the name of the partnership.
  • Partnership UTR – enter the partnership’s Unique Taxpayer Reference (UTR).
  • Description of partnership trade or profession – enter a description of the partnership’s trade or profession.
  • Date joined – enter the date that the partner joined the partnership (or the date that the partnership started). Note that this date will only be shown on the tax return if it is on or after the start of the tax year.
  • Date left – enter the date that the partner left the partnership (or the date that the partnership ceased). This date will only be shown on the tax return if it is within the tax year.
  • Used the cash basis? – tick this box if the partnership used the cash basis for calculating profit and loss. This will be indicated by a tick in box 3.9 of the Partnership Tax Return. This field will not be present for tax years before 2014.

Trading profits

  • Date basis period began – enter the start of the basis period.
  • Date basis period ended – enter the end of the basis period.
  • Share of profit/(loss) – enter the partner’s share of profit or loss from box 11 or 12 of the partnership statement. If a loss, enter a negative amount.
  • Basis period adjustment – enter any profit adjustment required to determine profits for the basis period.
  • Self-Employment Income Support Scheme grant, SEISS (received within the tax year)– (within 2020/21 and 2021/22 tax years) – enter the amount of SEISS grant payments received during the year. This information is not included within the SA800 Partnership to SA100 link as these grant payments are not included within the Partnership tax return. 
  • Accounting adjustment – enter any accounting adjustment specified in box 11A of the partnership statement.
  • Averaging adjustment – enter any adjustment for averaging. See HMRC Helpsheet 224 Farmers and market gardeners or Helpsheet 234 Averaging for creators of literary or artistic works.
  • Foreign tax claimed by deduction – enter any foreign tax suffered for which Foreign Tax Credit Relief is not being claimed. (To claim Foreign Tax Credit Relief, use the section Foreign Tax Paid On Other Income to make the relief claim).
  • Trading losses brought forward – enter any prior year trading losses for this partnership that have not yet been used against profits.
  • Overlap profits brought forward – enter any overlap profits for this partnership that are being brought forward from prior years.
  • Overlap profits arising this year – enter any overlap profits that have arisen this year as a result of the basis period calculation.
  • Overlap relief used this year – enter the amount of any overlap relief that is being used this year to reduce profits.
  • Adjusted profit – this field will show the adjusted profit before any brought forward losses have been used.
  • Loss B/fwd used – this field will show the amount of losses brought forward that are being used to reduce taxable profits. This figure cannot be edited.
  • Taxable profit – this field shows the taxable profit of the partnership trading income after losses.
  • Other business income – enter any other business income, such as payments to the partner in a personal capacity that were not included in the Partnership Tax Return.
  • Total taxable profits – this field will show the total taxable trading profits from this partnership.

Loss allocation

  • Adjusted loss this year – this field will show the calculated adjusted loss for the year, if any.
  • Loss against other income – enter the amount of any allowable loss that is to be used to reduce other taxable income for this tax year. Do not input a figure in this field if the partnership is using the cash basis.
  • Loss carried back – enter the amount of any allowable loss that is to be carried back to an earlier year.

Balances carried forward

  • Overlap relief carried forward – this field shows the unused overlap profits that will be carried forward to the following year.
  • Loss c/fwd – this field shows the unused losses that will be carried forward to the following year.

Untaxed savings income

  • Share of UK untaxed savings income – enter the partner’s share of untaxed UK savings income from box 13 of the partnership statement.
  • Adjustment to income for basis period – enter any basis period adjustment required.
  • Adjusted UK savings income – this field will show the adjusted UK untaxed savings income.
  • Share of foreign untaxed savings income – enter the partner’s share of untaxed foreign savings from box 14 of the partnership statement.
  • Adjustment to income for basis period – enter any basis period adjustment to the untaxed foreign savings income.
  • Total foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. (To claim Foreign Tax Credit Relief, use the section Foreign Tax Paid On Other Income to make the relief claim).
  • Adjusted foreign savings income – this field will show the taxable foreign savings income.
  • Total untaxed savings income – this field will show the total untaxed savings income for the year.

Income from UK property

  • Share of profit or loss from UK property – enter the partner’s share of profits or losses from UK property from box 19 of the partnership statement. This will not include income from Furnished Holiday Lets.
  • Adjustment to income for basis period – enter any basis period adjustment required to the property income.
  • Losses brought forward – enter the total property losses brought forward from previous years.
  • Losses brought forward used – this field will show the amount of brought forward losses that can be used against property income. This figure can not be edited.
  • Loss set off against other income – enter any property loss to use against other income for the tax year. From 2014 there is a limit on the amount of income tax relief that an individual may claim for deduction from their total income in a tax year. The limit in each tax year is the greater of £50,000 or 25% of the individual’s adjusted total income. See Helpsheet 204 Limit on Income Tax reliefs.
  • Loss to carry forward – this field will show the total of any unused property losses to be carried forward to future years.
  • Taxable profit – this field will show the taxable profit from UK property.
  • Residential finance costs
  • Residential finance costs brought forward

Income from UK & EEA firnished holiday lets

  • Share of profits from holiday lets – enter the partner’s share of FHL profits from box 20 of the partnership statement.
  • Adjustment to income for basis period – enter any basis period adjustment required.
  • Taxable profit – this field will show the taxable profit from FHL.

Other untaxed UK income

  • Share of other untaxed UK income – enter the partner’s share of other untaxed UK income from box 15 of the partnership statement.
  • Adjustment to income for basis period – enter any basis period adjustment required.
  • Losses brought forward – enter any unused losses brought forward from prior years.
  • Losses brought forward used – this field will show the amount of brought forward losses being used this year. This field cannot be edited.
  • Taxable profit – this field will show the taxable profit for the year.
  • Losses carried forward – this field will show the unused losses that are carried forward.

Income from offshore funds

  • Share of income from offshore funds – enter the partner’s share of income from offshore funds from box 18 of the partnership statement.
  • Adjustment to income for basis period – enter any basis period adjustment required.
  • Foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. (To claim Foreign Tax Credit Relief, use the section Foreign Tax Paid On Other Income to make the relief claim).
  • Taxable profit – this field will show the taxable profit from offshore funds.

Other untaxed foreign income

  • Share of other untaxed foreign income – enter the partner’s share of other untaxed foreign income from box 17 of the partnership statement.
  • Adjustment to income for basis period – enter the basis period adjustment required.
  • Losses brought forward – enter the value of any foreign income losses brought forward from earlier years.
  • Losses brought forward used – this field will show the brought forward losses being used this year. This field cannot be edited.
  • Foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. (To claim Foreign Tax Credit Relief, use the section Foreign Tax Paid On Other Income to make the relief claim).
  • Taxable profit – this field will show the taxable profit from foreign income.
  • Losses carried forward – this field will show unused losses being carried forward.
  • Residential finance costs
  • Residential finance costs brought forward

Overlap relief on untaxed income

  • Total untaxed income – this field will show the total untaxed income entered above.
  • Overlap profit b/fwd – enter any overlap profits being brought forward.
  • Overlap profit arising – enter any overlap profits arising in the current year.
  • Overlap relief used – enter the amount of overlap relief to be used this year.
  • Overlap profit c/fwd – this field will show the unused overlap profits being carried forward to the following year.
  • Total untaxed income – this field will show the untaxed income after overlap relief.

Partnership taxed income

  • Share of dividend income
  • Foreign tax claimed by deduction
  • Total dividend income after foreign tax
  • Total foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. (To claim Foreign Tax Credit Relief, use the section Foreign Tax Paid On Other Income to make the relief claim).
  • Taxed income taxable at 20% – this field will show the net income taxable at 20%.
  • Share of other taxed income – enter the partner’s share of other taxed income from box 23 of the partnership statement.
  • Foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. (To claim Foreign Tax Credit Relief, use the section Foreign Tax Paid On Other Income to make the relief claim).
  • Other taxed income taxable – this field shows the net other taxed income.

Tax paid and deductions

  • Share of income tax taken off partnership income – enter the partner’s share of income tax taken off partnership income from box 25 of the partnership statement.
  • Share of CIS deductions – enter the partner’s share of CIS deductions from box 24 of the partnership statement.
  • Share of tax taken off trading income – enter the partner’s share of tax taken off trading income from box 24A of the partnership statement.
  • Share of total tax taken off – this field will show the total tax taken off.
  • Share of partnership charges – enter the partner’s share of partnership charges from box 29 of the partnership statement.

Additional text note for Tax Return

Enter any additional information you wish to appear in the white space of the tax return.