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Trust Tax- Trust Management Expenses to show on Q13.19 Page 7

Article ID
trust-tax-trust-management-expenses-to-show-on-q13-19
Article Name
Trust Tax- Trust Management Expenses to show on Q13.19 Page 7
Created Date
2nd August 2022
Product
Problem
IRIS Trust Tax- Trust management expenses to show on Q13.19 on page 7
Resolution

Load the Trust and go to: Other information, Reliefs, annual payments, patent…., Trust management expenses, and put a description and the amount. This should populate Box 13.19 IF specific HMRC conditions are met on Tax rate calculations– do read the HMRC notes on the rules.

For Example this a ‘Discretionary Trust’ type

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