Pension payments

This screen is accessed via the data input tab within the tax return and allows entry of payments into pension schemes and retirement annuities.

Payments into registered schemes and retirement annuity contracts

  • Provider and payment description‘ Enter the pension provider and a description of the payment.
  • Payment made‘ Enter the actual payment made.
  • Basic rate tax relief claimed by provider?’ If the provider has claimed basic rate tax relief then tick the box. Taxfiler will calculate the gross amount contributed to the pension fund.

Payments to employer schemes not deducted from gross pay

  • Provider and payment description’ Enter the pension provider and a description of the payment.
  • Payment made’ Enter the actual payment made.

Payments to eligible overseas schemes not deducted from gross pay

  • Provider and payment description‘ Enter the pension provider and a description of the payment.
  • ‘Payment made‘ Enter the actual payment made.

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

Payments to employer schemes that are deducted before tax is calculated

If your pension contribution is deducted before tax is calculated on your pay, you are receiving the tax relief there and then at your highest rate of tax. You do not need to put any details of these contributions on your self assessment tax return, as the correct amount of tax relief will have been given on your contribution via your payroll.

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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