Income Tax Report Assignments

The list of the boxes from the SA105 income tax return and the corresponding accounts from Settings > Chart of Accounts are as follows:

Box 24: Rents, rates, insurance, ground rents

All sub-accounts of Rents, rates and insurances

• Ground Rents
• Utility Rates
• Insurances

Box 25: Property repairs and maintenance

The following sub accounts of Property Repairs

• Fixtures and Fittings
• Repairs

Box 26: Loan interest and other financial costs

All sub-accounts of Loan Interest and Finance Costs.

• Finance Costs
• Mortgage & Loan Interest

Box 27: Legal, management and other professional fees

All sub-accounts of Legal, Management & Professional Fees.

• Direct Debit Fees
• Legal Fees
• Professional Fees
• Property Management Fees

Box 28: Costs of services provided, including wages

All sub-accounts of Services and wages.

• Services Provided
• Wages

Box 29: Other allowable property expenses

All expense accounts that have not been designated to one of the other expense boxes on the SA105 form.

• Bad Debt
• Advertisement
  
• Estate Agency
• General Expenses
• Printing and Stationery
• Property Certificates
• Subscriptions
• Telephone and Internet
• Travel

All user created expense accounts will be added to Box 29 as well

Box 32: Annual Investment Allowance

Annual Investment Allowance asset account.

Box 34: Zero-emissions Goods Vehicles Allowance

Zero-Emissions Goods Vehicle Allowance asset account.

Box 35: Other capital allowances

Other Capital Allowances asset account.

Box 36: Costs of replacing domestic items

All sub-accounts of Domestic Items.

• Furnishings - Replacement Cost

• Furniture - Replacement Cost
• Household Appliances - Replacement Cost
• Kitchenware - Replacement Cost