How do I show a different tax code?

The tax code does not affect the amount of Personal Allowance available, only how it is collected under PAYE.

For Self Assessment purposes the PAYE actually paid should be entered on the Employment screen based on the figures given in the P60. This P60 figure will have already taken into account the PAYE coding so no further adjustment is required for the Self Assessment tax return. 

The computation will have the same personal allowance for all taxpayers unless they are born after 1938, have income of over £100,000 or do not have the Personal Allowance due to Residency status. 

If there is underpaid tax for the previous tax year that has not been entered in then this can be entered on the Underpayments, overpayments and adjustments screen, similarly employee benefits can be entered in through the Employment screen.

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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