Share of trading income

Field Description
Basis period starts  
Basis period ends  
Share of profit /(loss)  
Adjustments to arrive at profit /(loss) for basis period

If you have an extended period where transition profits are being included, do the following:

  1. Manually calculate the apportioned transition part of the basis period from your net business profit/(loss) — this is the value that you are entering in profit/(loss) of the transition part of the basis period.
  2. Enter here the exact value from the profit/(loss) of the transition part of the basis period but where negative, enter as positive, and if positive, enter as negative.