Foreign tax paid on other income

This section is accessed via the data input tab within the tax return and is used to claim foreign tax credit relief for tax paid on sources of income not entered on the foreign pages. This information is used by Taxfiler to calculate the foreign tax credit relief claimed. Add a new section for each source of income on which foreign tax is suffered.

Enter values in sterling. You should add an additional note to describe this income

Foreign tax credit claimed and not entered elsewhere

  • Where is this income entered?’ Select from the drop down list the type of income on which foreign tax was due.
  • Country’ Enter the country where the foreign tax was suffered.
  • Foreign tax paid‘ Enter the amount of foreign tax paid.
  • Amount of income on which tax is payable‘ Enter the amount of income from which the foreign tax was deducted.

Additional text note for Tax Return

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

Using income losses against capital gains

Firstly, please ensure that you are making the best use of the losses before proceeding. Select the Capital gains tab from the data input screen Click on the Disposals tab, and enter the relevant information Click on the Capital Losses tab, and enter the amount of loss that you wish to set off against the […]

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Restricting access to clients

This feature is only available for multiuser accounts, it has been designed so that you can restrict user access for certain clients if required. Users with “edit client access” rights AND who have access to a client can assign or remove access rights via the Access tab on the client screen. The default is that […]

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User restrictions within Taxfiler

This function is only available for a multiuser license. Some functions within Taxfiler can be restricted from a user. From the SETTINGS icon select Users and select the user that you wish to edit Select Restrictions tab You will be presented with several functions which can be selected or removed via a tick box. For […]

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