This screen is accessed via the data input tab within the tax return.

Select + Add beneficiary a new window will open which needs to be completed for each beneficiary. Click on View R185 button to view and download to PDF the R185.

Beneficiary

  • Name‘ Enter the name of the beneficiary
  • Address‘ Click on Change address, to enter the address, see entering addresses for further information.
  • Settlor?
  • Relevant child of living settlor?

Payments etc

  • Discretionary income payments (net)
  • Discretionary employment income payment
  • Capital payment to relevant child‘ this field is only available where ‘ Relevant child of living settlor?’ has been selected above.
  • Capital payments or benefits paid from a non-resident trust’
  • Payments from settlor-interested trust

Non-discretionary income entitlement for R185

  • Override calculated figures’
  • Net amount of non-savings income taxed at basic rate
  • Net amount of savings income taxed at basic rate’
  • Net amount of dividend income taxed at dividend rate
  • Net amount of non-savings income taxed at trust rate‘, this is only available where ‘Settlor’ has been selected above.
  • Net amount of savings income taxed at trust rate‘, this is only available where ‘Settlor’ has been selected above.
  • Net amount of dividend income taxed at dividend trust rate‘ this is only available where ‘Settlor’ has been selected above.
  • Non-savings income paid gross‘, this is only available where ‘Settlor’ has been selected above.
  • Savings income paid gross‘ this is only available where ‘Settlor’ has been selected above.
  • Additional tax paid on life policy gains etc.‘ this is only available where ‘Settlor’ has been selected above.
  • Untaxed income
  • Net amount of foreign income before tax
  • Foreign tax paid on foreign income
  • UK tax paid on foreign income
  • Stock dividends paid
  • Residential property income or restricted finance costs’

To delete a beneficiary click on the Delete beneficiary button