Income from UK estate

This section is accessed via the data input tab within the tax return and is used to enter details of income from a UK estate. These figures should be provided on Form 185(Estate income).

  • Name of estate‘ Enter the name of the estate.
  • Non savings income (after tax)’ Enter the figure from box 16 of Form 185(Estate income).
  • Savings income (after tax)’ Enter the figure from box 17 of Form 185(Estate income).
  • Dividend income (after tax)’ Enter the figure from box 18 of Form 185(Estate income).
  • ‘Non-savings income taxed at non-repayable basic rate‘ Enter the figure from box 19 of Form 185(Estate income).
  • Income taxed at 22%‘ Enter the figure from box 20 of Form 185(Estate income).

Relief for Residential finance costs

Relief for residential finance costs is entered by means of a grid

  • Description of property business’
  • Profits’
  • Finance costs’
  • Unrelieved costs b/fwd’
  • ‘Available for relief
  • Unrelieved costs c/fwd’

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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