How to fill in box 11 gross income to be taxed at the basic rate on page T 1.
Article ID
ias-5835
Article Name
How to fill in box 11 gross income to be taxed at the basic rate 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 gross income to be taxed at the basic rate?
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 Gross income, enable Savings rate and chargeable at the rate applicable to trusts.
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