Double Taxation Relief

Double Taxation Relief enables you to claim a tax deduction in respect of any eligible foreign tax suffered.

You should not use this section if you are claiming foreign tax as an expense but should instead continue to include it with other expenses and deductions of the business.

Important: Any entries made at Double Taxation Relief are solely for the purpose of the Double Taxation Relief claim. Details of income entered here are independent of entries made elsewhere in the software and such details should still be entered as appropriate in the relevant income or chargeable gains section.

Description of Income or Gain

This will appear in the Double Taxation Relief section of the Computation and will enable you to identify the type and source of the income or gain to which the claim applies. You can enter up to nine rows of information.

Amount

Any amounts entered here are solely for the purpose of claiming Double Taxation Relief. The entry will not feed into or be amended by entries elsewhere in the software.

Eligible Foreign Tax Suffered

This figure cannot be greater than that entered at Amount.