How to fill in box 5 on page T 1.
Article ID
ias-5828
Article Name
How to fill in box 5 on page T 1.
Created Date
4th April 2008
Product
IRIS Personal Tax
Problem
How is box 5 on page T 1 completed to show the net income taxable at the dividends rate from a non-discretionary trust?
Resolution
Users are required to:
1. Log on to Personal Tax and select client.
2. Select Trusts, Settlements and Estates, select Other Trusts and Settlements.
3. Click New, add the Trust details.
4. Enter the Gross income, enable Dividends rate.
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