Partnership

Enter details of the partner's income and losses from the partnership statement below to populate the Trade, Property, Other or Summary sections.

Where possible, entries made in the Partnership Statement section will be automatically allocated to the other sections in Partnership.

In certain circumstances, where automatic allocation is not possible, you will need to take additional action to ensure that amounts are reported correctly.

Tax Credits and Other Information

Foreign tax paid or treated as paid

Amounts entered here must be manually allocated to one or more of the following boxes as appropriate:

Partnership section

  • Trade - Trading Profit or Loss — Foreign tax claimed as deduction
  • Property - Foreign Property Income — Total foreign tax taken off
  • Other - Foreign Savings — Foreign tax claimed as a deduction
  • Other - Offshore Funds — Foreign tax claimed as a deduction

  • Other - Dividends — Foreign tax claimed as a deduction

  • Other - Income Taxable at 20% — Foreign tax claimed as a deduction
Partnership trade charges Amounts entered here must also be added to any other amounts already entered in Other Tax Reliefs - Annual payments made
Proceeds from disposal of chargeable assets Amounts entered here must be manually allocated to the appropriate box(es) in Capital Gains