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Notional tax shows as notional tax and tax deducted at source on the computation

Article ID
ias-12875
Article Name
Notional tax shows as notional tax and tax deducted at source on the computation
Created Date
22nd August 2018
Product
IRIS Personal Tax
Problem
Notional tax amount shows as notional tax and tax deducted at source on the computation
Resolution
This happens when the notional tax box is ticked and the notional tax figure is also entered into ‘Additional tax paid by Trustees’. When the notional tax box is ticked, IRIS will automatically calculate the notional tax that will appear on the computation. This figure is not again needed in ‘Additional tax paid by Trustees’. The fields can be found in Income | Other income | ‘Gains on Life Assurance Policies’ or ‘Gains from Chargeable Event Certificate’

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