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These data entry screens are also used for Lloyd's underwriter returns.
This section is for an interest payment; there is a different section for dividends from unit trusts.
Details of the unit trust Company and Fund should be entered on the provider record:
UNIT TRUST company - enter the name of the company.
Fund - enter details of the fund.
Dates - these are for information purposes and may be left blank, if a date disposed of has been entered this will prevent the record being brought forward to the following tax year.
Units held - this is no longer used.
Joint Income - click here for more information.
The interest received is entered on the income records:
Units held - enter the number of units held up to a max of 4 decimal places.
Gross Interest - enter the gross amount actually received.
Tax deducted at source - IRIS will automatically compute the tax credit if the field is left blank. For 1999-2000 onwards the amount is computed as 10/90 of the net amount. In 1998-99 and earlier years it is 20/80 of the net amount. The figure will be truncated to the penny. If entered manually, the computer displays a warning message if it is not within 50p of its own calculation.
Date payment received - this is for information purposes and may be left blank
