Research and Development Allowances

This grid allows entry and calculation of Research & Development Capital Allowances (RDA). A 100% allowance is available on qualifying RDA expenditure.

  • Description of expenditure’ Enter a brief description of the expenditure.
  • Qualifying amount’ Enter the qualifying amount of R&D expenditure.
  • RDA not claimed‘ If you do not wish to claim the entire 100% RDA, enter the amount not claimed.
  • RDA @ 100%‘ This field will show the RDA claimed.
  • ‘Unclaimed RDA b/fwd’ Enter any unclaimed RDA brought forward from an earlier period. If the tax return was rolled forward from a previous period this field will already be completed.
  • ‘Disposals’ If the asset was sold in the current period enter the disposal value.
  • ‘Balancing charge’ Enter any balancing charge that may be applicable after disposal of assets on which RDA has previously been claimed.
  • Unused RDA c/fwd‘ This column displays the unused RDA (if any) that will be carried forward to the next period.

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

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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