Re: Where to Place Business Bank Account Interest on Tax Return??

In article <1127861372.765516.7110@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>,
edward_2005@xxxxxxxxxxxxxxxx says...
> If I fill in in sections 10.2 10.3 10.4 of the tax return, which
> relates to interest from bank accounts, with "amount after tax taken
> off", "tax taken off" and "gross amount before tax" with figures from
> my personal bank account, would I *exclude* figures from my *business*
> bank account from these boxes?
>
> Are these boxes just for the personal bank account?
>
> I was wondering if this is the case, as in the self-employment section,
> there is a box (box 3.50) into which interest from a business bank
> account should be placed.
>
> Would anyone know if the figure which goes in box 3.50 should be gross
> of the tax which the bank have already deducted, or net?
>
> Thanks very much for any advice or info...!
>
>
The first section of your return is for you personally, the section
relating to self employment is for your business.

Put the gross business interest in 3.50.
.

Relevant Pages

  • Re: Where to Place Business Bank Account Interest on Tax Return??
    ... relates to interest from bank accounts, with "amount after tax taken off", "tax taken off" and "gross amount before tax" with figures from my personal bank account, would I *exclude* figures from my *business* bank account from these boxes? ... there is a box into which interest from a business bank account should be placed. ... Would anyone know if the figure which goes in box 3.50 should be gross ...
    (uk.business.accountancy)
  • Re: Where to Place Business Bank Account Interest on Tax Return??
    ... relates to interest from bank accounts, with "amount after tax taken off", "tax taken off" and "gross amount before tax" with figures from my personal bank account, would I *exclude* figures from my *business* bank account from these boxes? ... there is a box into which interest from a business bank account should be placed. ...
    (uk.finance)
  • Re: Where to Place Business Bank Account Interest on Tax Return??
    ... >>relates to interest from bank accounts, with "amount after tax taken ... >>Are these boxes just for the personal bank account? ... > If you have business interest that already has been taxed you would ...
    (uk.business.accountancy)
  • Re: Where to Place Business Bank Account Interest on Tax Return??
    ... >relates to interest from bank accounts, with "amount after tax taken ... >Are these boxes just for the personal bank account? ... If you have business interest that already has been taxed you would ...
    (uk.business.accountancy)
  • Where to Place Business Bank Account Interest on Tax Return??
    ... Are these boxes just for the personal bank account? ... I was wondering if this is the case, as in the self-employment section, ...
    (uk.finance)