Trade profit / (loss) (SA900)

Where multiple trades or professions are included, these need to be entered separately. Additional pages are created as required.

Refer to the HMRC Trust and Estate Tax Return Guide if needed (opens in a new tab).

1. Select the Data input tab.
2. Select Add a new section....

3. From the UK income tab, select Trade profit/loss.

   If the section is crossed through, it has already been added to the tax return. To adjust it the existing values, close the window and select the section on the Data Input tab.

4. Choose whether to Add new Trade to a new or existing sole trade or Create new stand-alone Trade.

   If selecting Add new Trade to a new or existing sole trade, you are taken to the trust's client record to either:

   • Select the connected business
   • Add a new relationship
5. From the Trade / profession sub-section, enter the Name of business.
6. Enter the relevant details for this tax return:
   • Trust / profession
   • Capital allowances
   • Accounting period
   • Income and expenses
   • Adjustments, tax and charges
   • Basis period adjustments
   • Transitional profit
   • Profit/(Loss) calculation
   • Other details
   • Balance sheet

7. Select Save changes.
8. Add other sections to your tax return as required.