Status tab for trust returns

This tab shows a summary of the tax due and payable for the current tax year.

Tax Return Summary

  • Status of tax return’ Use the drop down selection to change the status of the Tax Return. If the Tax Return is locked because it has been prepared for electronic filing then this status will be updated automatically by Taxfiler and will not be editable.
  • Type of form’ Only the SA900 form is available for trusts

Summary of tax due

This section will show the tax due or overpaid for the tax year, before taking into account adjustments and payments on account.

Click on the Tax payments made button to enter details of payments on account and balancing payments already made for the current year. A new window opens which can be completed

Payments on account made towards the current year

  • Date of payment
  • Description
  • ‘Amount

Other balancing payments (or repayments) for the current year

  • Date of payment’
  • Description
  • Amount

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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