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2946 articles

personal-tax-tr7-box-19-not-showing-and-symbols-on-generated-return

Personal Tax- TR7 Box 19 not showing £ and % symbols on generated return

HMRC rules are being applied only when you generate a Tax return- the £ will instead show as GBP and…

personal-tax-property-income-not-matching-on-summary-tax-comp-smarttax

Personal Tax- Property income not matching on Summary/Tax comp/Smarttax

When you have property income with expenses but it dosnt match either from the Summary screen(at the top), the Smarttax…

personal-tax-sole-trade-loss-not-being-used-on-another-sole-trade-gain

Personal Tax- Sole/partnership Trade loss not being used on another sole/Partnership trade gain

HMRC rule – You can only use the loss against the same trades future gains. You cant apply this rule…

trust-tax-estate-in-admin-residential-relief-in-3-46-box

Trust Tax- Estate in Admin Residential relief in 3.46 box

HMRC SA903 Notes, it states that 'For Interest in Possession trusts and Estates of deceased persons, finance costs must not…

ptp-how-to-restore-ptp-tax-platform

PTP - How to restore a backup in PTP Tax Platform

Please follow the steps below on how to restore a backup of PTP Tax Platform. 1. Open PTP Tax Platform…

ptp-share-register-migration-guide

PTP - PTP Share Register Migration Guide

To migrate PTP Share Register to a new machine, please follow the steps below. 1. Install PTP Share Register on…

ptp-how-to-restore-a-backup-in-ptp-share-register

PTP - How to Restore a Backup in PTP Share Register

If you wish to restore your data from a backup then please follow the steps below. 1. In PTP Share…

personal-tax-property-expense-type-list-23-to-27

Personal Tax- Property Expense type list (23 to 27)

Following HMRC rules - the expense list is year based (as they add new/delete ones for each year) 2021 will…

trust-tax-how-to-transfer-income-into-a-clients-personal-tax

Trust Tax- How to transfer income into a clients Personal tax?

1.The Beneficiary must exist in Trust tax and also in Personal tax as a client 2. Complete the payment of…

trust-tax-r185-box-6-page-3-untaxed-income-value-shows

Trust Tax- R185 Box 6 Page 3 Untaxed income value shows?

You may have entered a figure in untaxed income mandated to beneficiary which fills in Box 6 page 3- just…