Income from which Income Tax has been deducted

Use this grid to enter amounts received by the company from which income tax has been deducted. Such amounts included in the accounts will be deducted from trading profits and included separately. This grid should not include entries for bank interest.

  • Description‘ Enter a brief description of the income.
  • Per accounts’ Enter the amount of the income that has been included in the accounts.
  • Taxable’ Enter the gross amount taxable.

To delete a line from the grid, click the ‘trash can‘  button at the end of the line.

Click ‘Save changes’  to update the figures to the adjustments to trade profit tab.