Other disallowable expenses

Click on the ‘edit‘ button in the Adjustments to trade profit tab, a new window will open which needs to be completed. Use this grid to enter details of any other expenses that appear in the accounts but that are disallowed for tax purposes and must be added back.

  • Description’ Enter a brief description of the expenditure.
  • Per accounts‘ Enter the amount listed per the accounts.
  • Disallowed‘ Enter the amount to be disallowed. This will default to the full amount in the accounts, but can be changed if required.
  • HMRC Category‘ Select a category of expenditure from the list provided. This category will be used to tag the expenditure correctly in the XBRL computations.

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.

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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