SA100 : Business Receipts Taxed as income in earlier year

If, after your business ceased, you received any business receipts that need taxing as income of an earlier year, put you can report this by following the steps below

 

Click on the Investments, Interest and Dividends Page.  You can add this by clicking the + NEW PAGE button on the left of the screen.

 

 Click on + Income

 

 

Select Business Receipts tax as income on earlier year from the drop down list

 Enter the Amount

 

Enter the Tax Year the income is to be taxed in the format yyyy-yy

 

 Click Save

• Related Articles

• SA101 Ai1 Box 14: How do I show the amount of post-cessation or other business receipts?

  To show the amount of post-cessation or other business receipts, please follow the steps belows: click the + NEW PAGE button on the left of the screen: Select 'Investments, Interest & Dividends' (SA100 & SA101) from the list shown: Then click SAVE ...

• SA101 Ai1 Box 15: How do I show the tax year income to be taxed?

  To show the tax year income to be taxed, please follow the steps belows: click the + NEW PAGE button on the left of the screen: Select 'Investments, Interest & Dividends' (SA100 & SA101) from the list shown: Then click SAVE Next click + INCOME Then ...

• SA101 Ai4 Box 1: How do I show Earlier years’ losses, which can be set against certain other income?

  To show Earlier years’ losses, which can be set against certain other income, please follow the steps belows: click the + NEW PAGE button on the left of the screen: Select 'Other Income and Losses (SA100 & SA101)' from the list shown Next click + ...

• SA102M Box 29: How do I show earlier years’ back pay, received during the tax year?

  To populate box 29 to show earlier years’ back pay, received during the tax year, please follow the steps below: Click on + NEW PAGE on the left of the screen. Select Ministers of Religion (SA102M) from the list shown: Click on + GROUP in the ...

• SA109 : Non Resident Case Study 2 - Leaving UK & Split Year Treatment partner joins at later date.

  CASE STUDY 2  Case Study 1 RECAP: 'Venessa left the UK on 1 November 2019 to work permanently in France. She currently completes a tax return as she receives dividend income from her UK investments and also rents out a property. She has always been ...