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How to complete box 14 on page T1 of the Tax Return

Article ID
ias-10627
Article Name
How to complete box 14 on page T1 of the Tax Return
Created Date
3rd September 2012
Product
IRIS Personal Tax
Problem
How can box 14 on page T1- savings income paid gross on income chargeable on settlor be completed?
Resolution
Users are required to: 1. Log on to Personal Tax and select client. 2. Select Trusts, Settlements and Estates, select Income Chargeable on Settlors. 3. Click New, add the trust details. 4. Enter the Gross income, enable Savings rate and remove the tax deducted figure which IRIS calculates automatically and replace this with an N for nil, click OK and click no to overwrite.

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