Land remediation tax credit

This section is accessed via the data input tab within the tax return to claim Land Remediation Tax Credit.

  • Enhanced expenditure (from trade)‘ This field shows the enhanced expenditure from the Land remediation enhanced expenditure window.
  • ‘Less: Excluded amount’ Enter any amount that is excluded for tax credits.
  • Qualifying enhanced expenditure (a)‘ This field shows the qualifying enhanced expenditure.
  • Land remediation loss for accounting period (b)‘ Enter the losses on land remediation for the accounting period.
  • Amount qualifying for tax credit (lower of a and b)’ This field shows the amount qualifying for tax credit.
  • ‘Land remediation tax credit (@16%)‘ This field shows the tax credit calculated.

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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