Income - Deductions From Non-Trade Profits

To access this screen select Data Entry | Calculation | Income. Click on the Deductions from non-trade profits tab.

The Deductions from non trade profits tab on the income screen includes boxes 225 to 235. (For periods starting before 01 April 2015, boxes 19 to 21 respectively). See below for further information about each field.

• Click here to go to the help for the Income tab.

• Click here to go to the help for the Chargeable gains tab.
  

Box 225 - Losses brought forward against certain investment income (Detailed calculation only)

The amount entered in the Losses set against interest field on the trading losses screen displays here.

Box 230 - Non trade deficits on loan relationships (including interest) and derivative contracts (financial instruments ) brought forward (Detailed calculation only)

Business Tax uses entries on the Loan Relationship Deficits screen to calculate the value of any non trade deficits brought forward which can be utilised here.