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Interest received for a partnership

Article ID
ias-6023
Article Name
Interest received for a partnership
Created Date
10th April 2008
Product
IRIS Business Tax
Problem
Where is the interest received for a partnership entered?
Resolution
Users are required to: 1. Log on to Business Tax and select the client. 2. From the Trades menu, select Partnerships, Data Entry, Savings, Investments and Other Income, select Income from Interest. 3. Select either; With Deduction of UK Income Tax or Without Deduction of UK Income Tax.

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