Income from offshore funds

Field Description
Share of income from offshore funds The partner’s share of income from offshore funds from box 18 of the partnership statement.
Adjustment to income for basis period Any basis period adjustment required.
Foreign tax taken off

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, add the Foreign Tax Paid On Other Income section.

Taxable profit Displays the taxable profit from offshore funds.