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The Charity Details screen provides various options that relate to a Charitable Trust. These options will allow the Tax return to be completed in relation to a Charitable Trust as well as potentially affecting the Tax computation for the Trust.
Name of Charity, if different - use this box to enter the name of the Charity if this is different to the name of the Trust.
Charity repayment reference - use this box to enter the Charity Repayment reference. This will complete box 7.1 on the SA907 pages.
Charity Commission Registration No or Scottish Charity Number - use this box to enter the Charity Commission Reference or Scottish Charity Number. Information entered here will be shown in box 7.2 on the SA907 pages.
The Trust is a charity and exemption is being claimed from tax on ALL of the income or gains - tick this box to claim full exemption from tax for any income the Trust has made. By ticking this box, any tax computation that is printed will be blank and the Trust Return will only be completed for Q7, 10, 11 and 22 as well as the SA907 supplementary pages.
The Trust is a charity and exemption is being claimed from PART of the income or gains - tick this box to claim partial exemption from tax for any income the Trust has made. Enter in IRIS Trust Tax any income that is taxable and NOT covered by the charity exemption claimed.
All income and gains that are being claimed as exempt from tax have, or will be, applied for charitable purposes - tick this box to complete the relevant box on the SA907 and confirm to HMRC that any income or gains claimed have been applied for charitable purposes.
Override Return Period - if the return period is not for the year ended in the tax year (for example, 5 April YYYY), tick this box to report the period that the Return covers. Enter the start of the period in the ‘Period Begins’ field and the end of the period in the ‘Period Ends’ field. This will complete boxes 7.3 and 7.4 on the SA907 pages.
Accounts are enclosed with the Return - by default, this box will be ticked to indicate that the accounts are enclosed with the Return. If they are not, deselect this box and explain why in the box below. This will complete box 7.5 on the SA907 pages. Please note that IRIS Trust Tax does not automatically attach any documents to the return and these must be attached when printing the Electronic Tax Return.