Trade Intangible Fixed Assets
You can use this section to enter details of the amortisation of Trade Intangible fixed assets and to claim tax relief for Trade Intangible Fixed Assets.
This is located at : Trading Income, Trade Name, Trade Intangible Fixed Assets
- Enter a Description.
- Check or uncheck if In Balance Sheet?.
- Enter the Debit/(Credit) Per Accounts.
- Enter any Adjustment required to the amount to arrive at the amount that is eligible for tax relief.
- The difference between the total amount of relief available and the total per accounts will be shown within other adjustments in the summary screen of the calculation of the Trade profit/(loss) for the Period of Account.
- Details of Non trade Intangible Fixed Assets should be entered in the Non Trade Intangible Fixed Assets area.