How to fill in box 9 on page T 1.

Article ID

ias-5832

Article Name

How to fill in box 9 on page T 1.

Created Date

4th April 2008

Product

IRIS Personal Tax

Problem

How is box 9 on page T 1 completed to show the net amount taxable at the dividends rate which is chargable on the settlor?

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 Net income, enable Dividends rate.