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

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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