Last updated 21 May 2024

Partnership

This section is accessed from the Data Input tab within the tax return and allows input of income from a partnership. Add a section for each partnership of which the taxpayer is a partner during the tax year.

There are both full and short versions of the partnership form. These roughly correspond to the full and short versions of the partnership statement which forms part of the partnership’s SA800 tax return. Taxfiler by IRIS will generate either the full form (SA800F) or the short form (SA800S) based on the information you enter in this section.

If the tax return for this partnership has already been completed in Taxfiler by IRIS for the current tax year then you can link to the partnership return to automatically populate the shares for this partner. See Linking to a Partnership Tax Return.

Partnership details

Partnership name – input the name of the partnership.
Partnership UTR – enter the partnership’s Unique Taxpayer Reference (UTR).
Description of partnership trade or profession - enter a description of the partnership’s trade or profession.
Date joined – enter the date that the partner joined the partnership (or the date that the partnership started).

This date will only be shown on the tax return if it is on or after the start of the tax year.

Date left – enter the date that the partner left the partnership (or the date that the partnership ceased). This date will only be shown on the tax return if it is within the tax year.
Used the cash basis? – tick this box if the partnership used the cash basis for calculating profit and loss. This will be indicated by a tick in box 3.9 of the Partnership Tax Return. This field will not be present for tax years before 2014.

Trading profits

Date basis period began – enter the start of the basis period.
Date basis period ended – enter the end of the basis period.
Share of profit/(loss) – enter the partner’s share of profit or loss from box 11 or 12 of the partnership statement. If a loss, enter a negative amount.
Basis period adjustment – enter any profit adjustment required to determine profits for the basis period.

If you have an extended period where Transition profits are being included, once you have manually figured out the apportioned Transition part of the basis period from your Share of profit/(loss) (the value that you are entering in Profit/(loss) of the transition part of the basis period), enter within here the exact same value as within Profit/(loss) of the transition part of the basis period except the opposite with regards to it being a positive or negative figure).
Self-Employment Income Support Scheme grant, SEISS (received within the tax year) (within 2020/21 and 2021/22 tax years) - enter the amount of SEISS grant payments received during the year. This information is not included within the SA800 Partnership to SA100 link as these grant payments are not included within the Partnership tax return.
Accounting adjustment – enter any accounting adjustment specified in box 11A of the partnership statement.
Averaging adjustment – enter any adjustment for averaging. See HMRC helpsheet 224 Farmers and market gardeners or HMRC helpsheet 234 Averaging for creators of literary or artistic works.
Foreign tax claimed by deduction – enter any foreign tax suffered for which Foreign Tax Credit Relief is not being claimed. To claim Foreign Tax Credit Relief, see the section Foreign Tax Paid On Other Income to make the relief claim.
Trading losses brought forward – enter any prior year trading losses for this partnership that have not yet been used against profits.
Overlap profits brought forward – enter any overlap profits for this partnership that are being brought forward from prior years.
Overlap profits arising this year – enter any overlap profits that have arisen this year as a result of the basis period calculation.
Overlap relief used this year – enter the amount of any overlap relief that is being used this year to reduce profits.
Adjusted profit – this field will show the adjusted profit before any brought forward losses have been used.

For the tax year 2024, HMRC has introduced the Basis Period reform where individuals may be subject to Transition profits. To learn more see HMRC basis period reform. To help calculate your Transition profits see Transitional rules.
- Profit/(loss) of the transition part of the basis period – This is Step 2 of the Transitional rules. Enter the apportioned profit/(loss) of the next accounting period to 5th April 2024.
- Total transitional profit – This is Step 5 of the Transitional rules. Enter the total transitional profit.
- Transitional profit taxable – This value is the amount of transitional profit being treated as arising in the tax year. The system will automatically calculate this value at 20% of the total transitional profit value entered. This value can be adjusted by the user but must be at least 20% of the total transitional profit.
- Transitional profit carried forward – Any total transitional profit not being treated as taxable within the tax year will be carried forward and taxed in subsequent tax years.
Loss B/fwd used – this field will show the amount of losses brought forward that are being used to reduce taxable profits. This figure cannot be edited. (For 2024 onwards this field is now Loss B/fwd set off against this year’s profit.)
- Loss B/fwd set off against Transitional profit – This field will show the amount of loss that is being used to reduce this year’s transitional profit taxable. Losses brought forward must be used to offset losses in the earliest year possible.
- Override calculated losses B/fwd? – Tick the box if you would like to edit how the Loss brought forward from earlier years is being applied.
Taxable profit – this field shows the taxable profit of the partnership trading income after losses.
Other business income – enter any other business income, such as payments to the partner in a personal capacity that were not included in the Partnership Tax Return.
Total taxable profits – this field will show the total taxable trading profits from this partnership.

Loss allocation

Adjusted loss this year – this field will show the calculated adjusted loss for the year, if any.
Loss against other income – enter the amount of any allowable loss that is to be used to reduce other taxable income for this tax year. Do not input a figure in this field if the partnership is using the cash basis.
Loss carried back – enter the amount of any allowable loss that is to be carried back to an earlier year.

Balances carried forward

Overlap relief carried forward – this field shows the unused overlap profits that will be carried forward to the following year. (Removed from 2024 tax year onwards due to the Basis Period reform.)
Loss c/fwd – this field shows the unused losses that will be carried forward to the following year.

Untaxed savings income

Share of UK untaxed savings income – enter the partner’s share of untaxed UK savings income from box 13 of the partnership statement.
Adjustment to income for basis period – enter any basis period adjustment required.
Adjusted UK savings income – this field will show the adjusted UK untaxed savings income.
Share of foreign untaxed savings income – enter the partner’s share of untaxed foreign savings from box 14 of the partnership statement.
Adjustment to income for basis period – enter any basis period adjustment to the untaxed foreign savings income.
Total foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. To claim Foreign Tax Credit Relief, see the section Foreign Tax Paid On Other Income to make the relief claim).
Adjusted foreign savings income – this field will show the taxable foreign savings income.
Total untaxed savings income – this field will show the total untaxed savings income for the year.

Income from UK property

Share of profit or loss from UK property – enter the partner’s share of profits or losses from UK property from box 19 of the partnership statement. This will not include income from Furnished Holiday Lets.
Adjustment to income for basis period – enter any basis period adjustment required to the property income.
Losses brought forward – enter the total property losses brought forward from previous years.
Losses brought forward used – this field will show the amount of brought forward losses that can be used against property income. This figure can not be edited.
Loss set off against other income – enter any property loss to use against other income for the tax year. From 2014 there is a limit on the amount of income tax relief that an individual may claim for deduction from their total income in a tax year. The limit in each tax year is the greater of £50,000 or 25% of the individual’s adjusted total income. See HMRC helpsheet 204 Limit on Income Tax reliefs.
Loss to carry forward – this field will show the total of any unused property losses to be carried forward to future years.
Taxable profit – this field will show the taxable profit from UK property.
Residential finance costs
Residential finance costs brought forward

Income from UK & EEA firnished holiday lets

Share of profits from holiday lets – enter the partner’s share of FHL profits from box 20 of the partnership statement.
Adjustment to income for basis period – enter any basis period adjustment required.
Taxable profit – this field will show the taxable profit from FHL.

Other untaxed UK income

Share of other untaxed UK income – enter the partner’s share of other untaxed UK income from box 15 of the partnership statement.
Adjustment to income for basis period – enter any basis period adjustment required.
Losses brought forward – enter any unused losses brought forward from prior years.
Losses brought forward used – this field will show the amount of brought forward losses being used this year. This field cannot be edited.
Taxable profit – this field will show the taxable profit for the year.
Losses carried forward – this field will show the unused losses that are carried forward.

Income from offshore funds

Share of income from offshore funds – enter the partner’s share of income from offshore funds from box 18 of the partnership statement.
Adjustment to income for basis period – enter any basis period adjustment required.
Foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. To claim Foreign Tax Credit Relief, see the section Foreign Tax Paid On Other Income to make the relief claim).
Taxable profit – this field will show the taxable profit from offshore funds.

Other untaxed foreign income

Share of other untaxed foreign income – enter the partner’s share of other untaxed foreign income from box 17 of the partnership statement.
Adjustment to income for basis period – enter the basis period adjustment required.
Losses brought forward – enter the value of any foreign income losses brought forward from earlier years.
Losses brought forward used – this field will show the brought forward losses being used this year. This field cannot be edited.
Foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. To claim Foreign Tax Credit Relief, see the section Foreign Tax Paid On Other Income to make the relief claim).
Taxable profit – this field will show the taxable profit from foreign income.
Losses carried forward – this field will show unused losses being carried forward.
Residential finance costs
Residential finance costs brought forward

Overlap relief on untaxed income

Total untaxed savings income – this field will show the total untaxed saving income entered above.
Total untaxed income – this field will show the total untaxed income entered above.
Overlap profit b/fwd – enter any overlap profits being brought forward.
Overlap profit arising – enter any overlap profits arising in the current year.
Overlap relief used – enter the amount of overlap relief to be used this year. (Field available prior to tax year 2024)
- Overlap relief used – untaxed savings income – enter the amount of overlap relief to be used against untaxed savings income.
- Overlap relief used – untaxed income – enter the amount of overlap relief to be used against untaxed income.
- Unused overlap relief set off against other income - enter the amount of overlap relief that has not be used against untaxed savings income or untaxed income, that will be used against other income.
Overlap profit c/fwd – this field will show the unused overlap profits being carried forward to the following year. (Removed from 2024 tax year onwards due to the Basis Period reform.)
Total untaxed income – this field will show the untaxed income after overlap relief.

Partnership taxed income

Share of dividend income
Foreign tax claimed by deduction
Total dividend income after foreign tax

Total foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. To claim Foreign Tax Credit Relief, see the section Foreign Tax Paid On Other Income to make the relief claim).
Taxed income taxable at 20% – this field will show the net income taxable at 20%.
Share of other taxed income – enter the partner’s share of other taxed income from box 23 of the partnership statement.
Foreign tax taken off – enter the partner’s share of any foreign tax taken off for which Foreign Tax Credit Relief is not being claimed. To claim Foreign Tax Credit Relief, see the section Foreign Tax Paid On Other Income to make the relief claim).
Other taxed income taxable – this field shows the net other taxed income.

Tax paid and deductions

Share of income tax taken off partnership income – enter the partner’s share of income tax taken off partnership income from box 25 of the partnership statement.
Share of CIS deductions – enter the partner’s share of CIS deductions from box 24 of the partnership statement.
Share of tax taken off trading income – enter the partner’s share of tax taken off trading income from box 24A of the partnership statement.
Share of total tax taken off – this field will show the total tax taken off.
Share of partnership charges – enter the partner’s share of partnership charges from box 29 of the partnership statement.

Additional text note for Tax Return

Enter any additional information you wish to appear in the white space of the tax return.