Share schemes

Use this screen to input any taxable income from share schemes that has not been included on the P60. This screen can be found from the data input tab within the tax return. Select + Add a new section , a new window opens, scroll down and select Share Scheme If there is more than one employment with share scheme income you may add separate copies of this section for each employment.

To calculate the taxable amounts for the various types of share scheme, see the worksheets contained in the HMRC form SA101 notes, starting on page Ai6.

Complete the form as follows:

  • Company name’ Enter the name of the employer company issuing the shares.
  • Description of scheme and chargeable event‘ Enter the name of the scheme and the type of chargeable event.
  • Amount not taxed under PAYE‘ Enter the calculated taxable amount that is not included on a P60 or P45.

To delete a line from the grid, click the ‘trash’  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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