Trust management expenses

This screen is accessed via the data input tab within the tax return and is used to enter the total amount of deductible trust management expenses, refer to the HMRC return guide for details

If you submit a provisional figure which is either inaccurate, or unnecessary, you may be liable to a penalty.

Additional information is available from the HMRC help sheet

Deductible trust management expenses

• ‘Description’ enter a brief description of the expenses claimed
• ‘Amount‘ enter the amount of the expense.
• ‘Total‘ Taxfiler will show the sum of all the entries