Lloyd’s Underwriters (SA900)

This screen is accessed via the data input tab within the tax return.

Lloyd’s interest receipts etc for year ended 31 December [year]

  • ‘Interest on gilts and bank interest etc. paid gross’
  • ‘Taxed interest from banks etc. – amount received’, ‘Tax deducted’, ‘Total’
  • ‘Unit trust interest – amount received’, ‘Tax deducted’, ‘Total’

Accrued Income scheme & losses on deeply discounted securities

  • ‘Accrued income scheme profits’
  • ‘Accrued income scheme losses & loss on deeply discounted securities’

UK dividends etc received in year ended 31 December [year]

  • ‘Dividends & distributions from UK companies’
  • ‘Dividends from UK unit trusts and OEICs’

Stock dividends and non-qualifying distributions received in year ended 31 December [year]

  • ‘Stock dividends’
  • ‘Bonus issues of securities and redeemable shares’

Foreign income from personal fund assets in year ended 31 December [year]

  • ‘Foreign interest – net income’, ‘Foreign tax deducted’, UK tax deducted’
  • ‘Other foreign receipts – net income’, ‘Foreign tax deducted’, UK tax deducted’
  • ‘Foreign dividends – net income’, ‘Foreign tax deducted’, UK tax deducted’

Other Lloyd’s receipts

  • ‘Compensation receipts’
  • ‘Other Lloyd’s non-syndicate income’
  • ‘Aggregate syndicate profit’
  • ‘Net withdrawal from Special Reserve Fund’
  • ‘Stop loss recoveries’
  • ‘Repayments of foreign tax previously allowed by deduction’

Outgoings and syndicate losses

  • ‘Fees for bank guarantees/letters of credit’
  • ‘Aggregate syndicate losses’
  • ‘Lloyd’s members’ association expenses’
  • ‘Personal Quota Share and Exeat premiums’
  • ‘Interest on loans and payments to fund underwriting’
  • ‘Net transfer to Special Reserve Fund’
  • ‘Members’ agent profit commission and salaries’
  • ‘Accountancy fees’
  • ‘Other Lloyd’s expenses’

Lloyd’s foreign tax

  • ‘Foreign tax on personal fund income’
  • ‘US income tax paid’
  • ‘Canadian income tax paid’
  • ‘Syndicate foreign tax’
  • ‘Additional payments of foreign tax’
  • ‘Refunds of foreign tax for which tax credit relief was given’
  • ‘Claim foreign tax credit relief?’


  • ‘Net profit’
  • ‘Loss b/fwd’
  • ‘Loss b’/fwd used this year’
  • ‘Foreign tax claimed by deduction’
  • ‘Taxable profits’

Additional text note for 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 […]

Read More

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 […]

Read More

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 […]

Read More