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?’
Profit/(Loss)
- ‘Net profit’
- ‘Loss b/fwd’
- ‘Loss b’/fwd used this year’
- ‘Foreign tax claimed by deduction’
- ‘Taxable profits’
Additional text note for Tax Return