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How to fill in box 11 on page T 1

Article ID
ias-5834
Article Name
How to fill in box 11 on page T 1
Created Date
4th April 2008
Product
IRIS Personal Tax
Problem
How is box 11 on page T 1 completed to show the net amount of savings income taxed at trust rate on chargeable 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 Chargeable at the rate applicable to trusts and Savings rate.

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