This Section contains a selection of pages from Tax forms, both for reference and also for use in student activities and practice assessments.

Transcription

1 TAX FORMS This Section contains a selection of pages from Tax forms, both for reference and also for use in student activities and practice assessments. The forms may also be downloaded from These forms are for tax year 2010/11 and are suitable for assessments based on the Finance Act The forms shown here are: Company - Short Tax Return CT600 (2008 version still applies to tax year 2010/11) Self-Employed Supplementary pages (short version) Self-Employed Supplementary pages (full version) Partnership Tax Return

2 Page 1 Company - Short Tax Return form CT600 (Short) (2008) Version 2 for accounting periods ending on or after 1 July 1999 Your company tax return If we send the company a Notice to deliver a company tax return (form CT603) it has to comply by the filing date, or we charge a penalty, even if there is no tax to pay. A return includes a company tax return form, any Supplementary Pages, accounts, computations and any relevant information. Is this the right form for the company? Read the advice on pages 3 to 6 of the Company tax return guide (the Guide) before you start. The forms in the CT600 series set out the information we need and provide a standard format for calculations. Use the Guide to help you complete the return form. It contains general information you may need and box by box advice. Company information Company name Company registration number Tax Reference as shown on the CT603 Type of company Registered office address Postcode About this return This is the above company's return for the period from (dd/mm/yyyy) to (dd/mm/yyyy) Put an 'X' in the appropriate box(es) below A repayment is due for this return period A repayment is due for an earlier period Accounts I attach accounts and computations for the period to which this return relates for a different period If you are not attaching accounts and computations, say why not Making more than one return for this company now This return contains estimated figures Company part of a group that is not small Disclosure of tax avoidance schemes Notice of disclosable avoidance schemes Transfer pricing Compensating adjustment claimed Company qualifies for SME exemption Supplementary Pages If you are enclosing any Supplementary Pages put an X in the appropriate box(es) Loans to participators by close companies, form CT600A Charities and Community Amateur Sports Clubs (CASCs), form CT600E Disclosure of tax avoidance schemes, form CT600J HMRC 09/08 CT600 (Short) (2008) Version 2

3 Page 2 Company tax calculation Turnover 1 Total turnover from trade or profession Income 3 Trading and professional profits 4 Trading losses brought forward claimed against profits 5 Net trading and professional profits 6 Bank, building society or other interest, and profits and gains from non-trading loan relationships 11 Income from UK land and buildings 14 Annual profits and gains not falling under any other heading Chargeable gains 16 Gross chargeable gains 17 Allowable losses including losses brought forward 18 Net chargeable gains box 3 minus box 4 box 16 minus box Profits before other deductions and reliefs Deductions and Reliefs 21 sum of boxes 5, 6, 11, 14 & Management expenses under S75 ICTA Trading losses of this or a later accounting period under S393A ICTA Put an 'X' in box 31 if amounts carried back from later accounting periods are included in box Non-trade capital allowances 35 Charges paid 37 Profits chargeable to corporation tax Tax calculation 38 Franked investment income 39 Number of associated companies in this period or 40 Associated companies in the first financial year box 21 minus boxes 24, 30, 32 and Associated companies in the second financial year Put an 'X' in box 42 if the company claims to be charged at the starting rate or the small companies rate on any part of its profits, or is claiming marginal rate relief Enter how much profit has to be charged and at what rate of tax Financial year (yyyy) Amount of profit Rate of tax Tax Corporation tax 64 Marginal rate relief 65 Corporation tax net of marginal rate relief 66 Underlying rate of corporation tax 67 Profits matched with non-corporate distributions p 65 p 66 % p 56 p total of boxes 46 and 56 p 68 Tax at non-corporate distributions rate 69 Tax at underlying rate on remaining profits 70 Corporation tax chargeable CT600 (Short) (2008) Version 2 68 p 69 p See note for box 70 in CT600 Guide 70 p

4 Page 3 79 Tax payable under S419 ICTA Put an X in box 80 if you completed box A11 in the 80 Supplementary Pages CT600A 84 Income tax deducted from gross income included in profits 85 Income tax repayable to the company 79 p 84 p 85 p 86 Tax payable - this is your self-assessment of tax payable Tax reconciliation total of boxes 70 and 79 minus box p 91 Tax already paid (and not already repaid) 91 p box 86 minus box Tax outstanding 92 p box 91 minus box Tax overpaid 93 p Information about capital allowances and balancing charges Charges and allowances included in calculation of trading profits or losses Capital allowances Balancing charges 172 Annual investment allowance Machinery and plant - special rate pool Machinery and plant - main pool Cars Industrial buildings and structures Other charges and allowances Charges and allowances not included in calculation of trading profits or losses 173 Annual investment allowance Other non-trading charges and allowances 117 Put an 'X' in box 117 if box 115 includes flat conversion allowances Qualifying expenditure Capital allowances Balancing charges Expenditure on machinery and plant on which first year allowance is claimed 174 Designated environmentally friendly machinery and plant 120 Machinery and plant on long-life assets and integral features 121 Other machinery and plant Losses, deficits and excess amounts calculated under S393 ICTA Trading losses Case I Trading losses Case V 125 Non-trade deficits on calculated under S82 FA 1996 loan relationships and derivative contracts Schedule A losses calculated under S393 ICTA calculated under S392A ICTA Overseas property business losses Case V calculated under S392B ICTA Losses Case VI calculated under S396 ICTA calculated under S16 TCGA Excess management 131 Capital losses 131 expenses 136 calculated under S75 ICTA 1988 CT600 (Short) (2008) Version 2

5 Page 4 Overpayments and repayments Small repayments If you do not want us to make small repayments please either put an 'X' in box 139 or complete box 140 below. 'Repayments' here include tax, interest, and late-filing penalties or any combination of them. Do not repay 20 or less 139 Do not repay sums of 140 or less. Enter whole figure only Bank details (for person to whom the repayment is to be made) Repayment is made quickly and safely by direct credit to a bank or building society account. Please complete the following details: Name of bank or building society Branch sort code Account number 151 Building society reference 153 Name of account 152 Payments to a person other than the company Complete the authority below if you want the repayment to be made to a person other than the company. I, as (enter status - company secretary, treasurer, liquidator or authorised agent, etc.) 154 of (enter name of company) 155 authorise (enter name) 156 (enter address) 157 Nominee reference 158 to receive payment on the company's behalf. Signature 159 Postcode Name (in capitals) 160 Declaration Warning - Giving false information in the return, or concealing any part of the company's profits or tax payable, can lead to both the company and yourself being prosecuted. Declaration The information I have given in this company tax return is correct and complete to the best of my knowledge and belief. Signature Name (in capitals) Date (dd/mm/yyyy) Status CT600 (Short) (2008) Version 2

6 Self-employment (short) Tax year 6 April 2010 to 5 April 2011 Your name Your Unique Taxpayer Reference (UTR) Read page SESN 1 of the notes to check if you should use this page or the Self-employment (full) page. Business details 1 Description of business 4 If you are a foster carer or shared lives carer, put X in the box read page SESN 2 of the notes 5 If your business started after 5 April 2010, enter the start date DD MM YYYY 2 Postcode of your business address 6 If your business ceased before 6 April 2011, enter the final date of trading 3 If your business name, description, address or postcode have changed in the last 12 months, put X in the box and give details in the Any other information box of your tax return 7 Date your books or accounts are made up to read page SESN 3 of the notes Business income if your annual business turnover was below 70,000 8 Your turnover the takings, fees, sales or money earned 9 Any other business income not included in box 8 by your business excluding Business Start-up Allowance Allowable business expenses If your annual turnover was below 70,000 you may just put your total expenses in box 19, rather than filling in the whole section. 10 Costs of goods bought for resale or goods used 15 Accountancy, legal and other professional fees 11 Car, van and travel expenses after private 16 Interest and bank and credit card etc. financial charges use proportion 17 Phone, fax, stationery and other office costs 12 Wages, salaries and other staff costs 18 Other allowable business expenses client entertaining 13 Rent, rates, power and insurance costs costs are not an allowable expense 14 Repairs and renewals of property and equipment 19 Total allowable expenses total of boxes 10 to 18 SA103S 2011 Tax return: Self-employment (short): Page SES 1 HMRC 12/10

7 Net profit or loss 20 Net profit if your business income is more than your 21 Or, net loss if your expenses exceed your business income expenses (if box 8 + box 9 minus box 19 is positive) (if box 19 minus (box 8 + box 9) is positive) Tax allowances for vehicles and equipment (capital allowances) There are 'capital' tax allowances for vehicles and equipment used in your business (you should not have included the cost of these in your business expenses). Read pages SESN 4 to SESN 8 of the notes and use the example and Working Sheets to work out your capital allowances. 22 Annual Investment Allowance 24 Other capital allowances 23 Allowance for small balance of unrelieved expenditure 25 Total balancing charges where you have disposed of items for more than their value Calculating your taxable profits Your taxable profit may not be the same as your net profit. Read page SESN 9 of the notes to see if you need to make any adjustments and fill in the boxes which apply to arrive at your taxable profit for the year. 26 Goods and/or services for your own use read page SESN 8 28 Loss brought forward from earlier years set off against of the notes this year s profits up to the amount in box Net business profit for tax purposes (if box 20 + box Any other business income not included in boxes 8 or 9 box 26 minus (boxes 21 to 24) is positive) for example, Business Start-up Allowance Total taxable profits or net business loss 30 Total taxable profits from this business (if box 27 + box Net business loss for tax purposes (if boxes 21 to 24 minus box 28 is positive) minus (box 20 + box 25 + box 26) is positive) Losses, Class 4 NICs and CIS deductions If you have made a loss for tax purposes (box 31), read page SESN 9 of the notes and fill in boxes 32 to 34 as appropriate. 32 Loss from this tax year set off against other income 35 If you are exempt from paying Class 4 NICs, put 'X' in the for box read page SESN 10 of the notes 33 Loss to be carried back to previous year(s) and set off 36 If you have been given a Class 4 NICs deferment against income (or capital gains) certificate, put 'X' in the box read page SESN 10 of the notes 34 Total loss to carry forward after all other set-offs including unused losses brought forward 37 Deductions on payment and deduction statements from contractors construction industry subcontractors only SA103S 2011 Tax return: Self-employment (short): Page SES 2

8 Self-employment (full) Tax year 6 April 2010 to 5 April 2011 Read page SEFN 1 of the notes to check if you should use this page or the Self-employment (short) page. Your name Your Unique Taxpayer Reference (UTR) Business details 1 Business name unless it is in your own name 5 If the details in boxes 1, 2, 3 or 4 have changed in the last 12 months, put 'X' in the box and give details in the 'Any other information' box 2 Description of business 6 If your business started after 5 April 2010, enter the start date DD MM YYYY 7 If your business ceased after 5 April 2010 but before 6 April 2011, enter the final date of trading 3 First line of your business address unless you work from home 8 Date your books or accounts start the beginning of your accounting period 4 Postcode of your business address 9 Date your books or accounts are made up to or the end of your accounting period read page SEFN 3 of the notes if you have filled in box 6 or 7 Other information 10 If your accounting date has changed permanently, 12 If special arrangements apply, put 'X' in the box read put 'X' in the box page SEFN 4 of the notes 11 If your accounting date has changed more than once 13 If you provided the information about your profit since 2005, put 'X' in the box on last year's tax return, put 'X' in the box read page SEFN 4 of the notes Business income 14 Your turnover the takings, fees, sales or money earned 15 Any other business income not included in box 14 by your business excluding Business Start-up Allowance SA103F 2011 Tax return: Self-employment (full): Page SEF 1 HMRC 12/10

9 Business expenses Read pages SEFN 7 to SEFN 9 of the notes before completing this section. Total expenses If your annual turnover was below 70,000 you may just put your total expenses in box 30 Disallowable expenses Use this column if the figures in boxes 16 to 29 include disallowable amounts 16 Cost of goods bought for resale or goods used Construction industry payments to subcontractors Wages, salaries and other staff costs Car, van and travel expenses Rent, rates, power and insurance costs Repairs and renewals of property and equipment Phone, fax, stationery and other office costs Advertising and business entertainment costs Interest on bank and other loans Bank, credit card and other financial charges Irrecoverable debts written off Accountancy, legal and other professional fees Depreciation and loss/profit on sale of assets Other business expenses Total expenses in boxes 16 to Total disallowable expenses in boxes 31 to 44 SA103F 2011 Tax return: Self-employment (full): Page SEF 2 HMRC 12/10

10 Net profit or loss 46 Net profit if your business income is more than your 47 Or, net loss if your expenses are more than your business expenses (if box 14 + box 15 minus box 30 is positive) income (if box 30 minus (box 14 + box 15) is positive) Tax allowances for vehicles and equipment (capital allowances) There are 'capital' tax allowances for vehicles, equipment and certain buildings used in your business (you should not have included the cost of these in your business expenses). Read pages SEFN 10 to SEFN 15 of the notes and use the examples to work out your capital allowances. 48 Annual Investment Allowance % and other enhanced capital allowances read 49 Capital allowances at 20% on equipment, including cars page SEFN 13 of the notes with lower CO 2 emissions 55 Allowances on sale or cessation of business use (where 50 Capital allowances at 10% on equipment, including cars you have disposed of assets for less than their tax value) with higher CO 2 emissions 56 Total allowances (total of boxes 48 to 55) 51 Restricted capital allowances for cars costing more 57 Balancing charge on sale or cessation of business use than 12,000 if bought before 6 April 2009 (only where Business Premises Renovation Allowance has 52 Agricultural or Industrial Buildings Allowance been claimed) 58 Balancing charge on sales of other assets or on the cessation of business use (where you have disposed of 53 Business Premises Renovation Allowance (Assisted Areas only) read page SEFN 13 of the notes assets for more than their tax value) Calculating your taxable profit or loss You may have to adjust your net profit or loss for disallowable expenses or capital allowances to arrive at your taxable profit or your loss for tax purposes. Read pages SEFN 15 and SEFN 16 of the notes and fill in the boxes below that apply. 59 Goods and services for your own use read page SEFN Total deductions from net profit or additions to of the notes net loss (box 56 + box 61) 60 Total additions to net profit or deductions from net loss 63 Net business profit for tax purposes (if box 46 + box 60 (box 45 + box 57 + box 58 + box 59) minus (box 47 + box 62) is positive) 61 Income, receipts and other profits included in business 64 Net business loss for tax purposes (if box 47 + box 62 income or expenses but not taxable as business profits minus (box 46 + box 60) is positive) SA103F 2011 Tax return: Self-employment (full): Page SEF 3 HMRC 12/10

11 Calculating your taxable profit or loss (continued) If you start or finish self-employment and your accounting period is not the same as your basis period (or there are overlaps or gaps in your basis periods), or in certain situations or trades or professions, you may need to make further tax adjustments read pages SEFN 16 to SEFN 19 of the notes. In all cases, please complete boxes 72 and 75, or box 76, as applicable. 65 Date your basis period began DD MM YYYY 71 Averaging adjustment (only for farmers, market gardeners and creators of literary or artistic works) if the adjustment needs to be taken off the profit figure, put a 66 Date your basis period ended minus sign ( ) in the box 67 If your basis period is not the same as your accounting period, enter the adjustment needed to arrive at the profit or loss for the basis period if the adjustment needs to be taken off the profit figure, put a minus 72 Adjusted profit for (see Working Sheet on page SEFN 18) if a loss, enter it in box 76 sign ( ) in the box 73 Loss brought forward from earlier years set off against this year s profits up to the amount in box 63 or box 72, whichever is greater 68 Overlap relief used this year read page SEFN 17 of the notes 74 Any other business income not included in boxes 14, Overlap profit carried forward or59 for example, Business Start-up Allowance 70 Adjustment for change of accounting practice read page SEFN 17 of the notes 75 Total taxable profits from this business (box 72 minus box 73 + box 74 or use the Working Sheet on page SEFN 18) Losses If you have made a net loss for tax purposes (in box 64), or if you have losses from previous years, read page SEFN 19 of the notes and fill in boxes 76 to 79, as appropriate. 76 Adjusted loss for (see Working Sheet on 78 Loss to be carried back to previous year(s) and set off page SEFN 18) against income (or capital gains) 77 Loss from this tax year set off against other income 79 Total loss to carry forward after all other set-offs for including unused losses brought forward CIS deductions and tax taken off 80 Deductions on payment and deduction statements from 81 Other tax taken off trading income contractors construction industry subcontractors only SA103F 2011 Tax return: Self-employment (full): Page SEF 4 HMRC 12/10

12 Balance sheet If your business accounts include a balance sheet showing the assets, liabilities and capital of the business, fill in the relevant boxes below. If you do not have a balance sheet, go to box 99. Assets Liabilities 82 Equipment, machinery and vehicles 90 Trade creditors 83 Other fixed assets 91 Loans and overdrawn bank account balances 84 Stock and work in progress 92 Other liabilities and accruals 85 Trade debtors 93 Net business assets Net business assets (box 89 minus (boxes 90 to 92)) 86 Bank/building society balances Capital account 87 Cash in hand 94 Balance at start of period 88 Other current assets and prepayments 95 Net profit or loss (box 46 or box 47) 89 Total assets (total of boxes 82 to 88) 96 Capital introduced 97 Drawings 98 Balance at end of period Class 4 National Insurance contributions (NICs) If your self-employed profits are more than 5,715, you must pay Class 4 NICs (unless you are exempt or your contributions have been deferred) read page SEFN 20 of the notes. 99 If you are exempt from paying Class 4 NICs, put 'X' in the 101 Adjustment to profits chargeable to Class 4 NICs read box read page SEFN 20 of the notes page SEFN 20 of the notes 100 If you have been given a Class 4 NICs deferment certificate, put 'X' in the box read page SEFN 20 of the notes SA103F 2011 Tax return: Self-employment (full): Page SEF 5 HMRC 12/10

13 Any other information 102 Please give any other information in this space SA103F 2011 Tax return: Self-employment (full): Page SEF 6 HMRC 12/10

14 Partnership Tax Return for the year ended 5 April 2011 Tax reference Date Issue address HM Revenue & Customs office address SA800 Telephone This notice requires you by law to send us a tax return giving details of income and disposals of chargeable assets, and any documents we ask for, for the year 6 April 2010 to 5 April You can file the tax return using: this form and any supplementary pages you need; OR the Internet (you will need to use commercial software which you may have to buy). If you file online you will receive an instant online acknowledgement that your tax return has been safely received. To file online, go to Make sure your tax return, and any documents asked for, reach us by: 31 October 2011 if you complete a paper tax return; OR 31 January 2012 if you file online. See page PTRG 30 of the guide for filing dates if this notice was given after 31 July 2011 or if the partnership includes a company as a partner. Each partner who was a member of the partnership during the return period is liable to automatic penalties if the Partnership Tax Return does not reach us by the relevant filing date shown above. They will have to pay interest and may have to pay a late payment penalty on any tax they pay late. All tax returns will be checked and there are penalties for supplying false or incomplete information. For Reference Who should send the Partnership Tax Return? If this Partnership Tax Return has been issued in the name of the partnership, then the partner nominated by the other members of the partnership during the period covered by the tax return is required by law to complete it and send it back to us. If the partners are unable to nominate someone, they should ask us to nominate one of them. If this Partnership Tax Return has been issued in the name of a particular partner, that partner is required by law to send it back to us. The Partnership Tax Return your responsibilities We have sent you pages 1 to 8 of the tax return for the most common types of partnership income. You might need other supplementary pages, which we have not sent you, for other types of income and disposals. You are responsible for making sure you have the right pages. Answer the questions on page 2 of this form to find out if you have the right ones. You should make sure that the information needed by individual partners to complete their personal tax returns is given to them as quickly as possible (some partners may want to send their own returns by 31 October 2011). If you need help: refer to the Partnership Tax Return Guide (included with this return, unless we know you have a tax adviser), OR phone the number above - most questions can be answered by phone, OR when the office is closed, phone our helpline on for general advice, OR go to HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 1 Please turn over

15 PARTNERSHIP BUSINESS AND INVESTMENT INCOME for the year ended 5 April 2011 Answer Questions 1 to 6 on this page and Question 7 on page 8 to check that you have the pages you need to make a complete return of partnership income and related information for the year ended 5 April If you answer 'Yes', you must make sure that you have the right pages and then fill in the relevant boxes. If not, go to the next question. Phone the SA Orderline on (textphone available), or fax , for the appropriate supplementary pages and notes. If you live or work abroad you can phone the orderline on the international access code followed by (+44) , or fax (+44) The orderline is closed Sundays, Christmas Day, Boxing Day and New Year's Day. Or go to Check to make sure you have the right supplementary pages (including the Partnership Savings pages - see Question 7) and then tick the box below Q1 Did the partnership receive any rent or other income from UK property? YES UK PROPERTY Q2 Did the partnership have any foreign income? YES FOREIGN Q3 Did the partnership business include a trade or profession at any time between 6 April 2010 and 5 April 2011? YES If yes, complete boxes 3.1 to on pages 2 to 5 as appropriate. Q4 Did the partnership dispose of any chargeable assets? YES CHARGEABLE ASSETS Q5 During the return period has the partnership included any member who is: a company YES not resident in the UK a partner in a business controlled and managed abroad and who is not domiciled in the UK or is not ordinarily resident in the UK? YES YES If yes, read page PTRG 21 of the Partnership Tax Return Guide about filling in the Partnership Statement. If yes, read page PTRG 6 of the Partnership Tax Return Guide. Q6 Are you completing this tax return on behalf of a European Economic Interest Grouping (EEIG)? YES If yes, read page PTRG 7 of the Partnership Tax Return Guide. TRADING AND PROFESSIONAL INCOME for the year ended 5 April 2011 You have to fill in a set of boxes for each trade carried on by the partnership and you may have to fill in a separate set if partnership accounts were made up to more than one date in the year ended 5 April Check the rules on pages PTRG 7 to 11 of the Partnership Tax Return Guide. Box numbers 3.3, 3.6, 3.9, 3.74 to 3.81, 3.85 to 3.92, and 3.94 to 3.96 are not used. Partnership details Name of business 3.1 Description of partnership trade or profession Accounting period - read the notes on page PTRG 8 of the Partnership Tax Return Guide / / 3.5 / / Start End Date of commencement (if after 5 April 2008) Date of cessation (if before 6 April 2011) Tick box 3.10 if you are not required to complete boxes 3.14 to 3.93 and boxes 3.99 to / / / / 3.10 Tick box 3.11 if the partnership's accounts do not cover the period from the last accounting date (explain why in the 'Additional information' box, box 3.116, on page 3) Tick box 3.12 if your accounting date has changed (only if this is a permanent change and you want it to count for tax) Tick box 3.13 if this is the second or further change (explain why you have not used the same date as last year in the 'Additional information' box, box 3.116, on page 3) HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 2

16 TRADING AND PROFESSIONAL INCOME for the year ended 5 April 2011, continued Capital allowances - summary Annual Investment Allowance (include any balancing charges in box 3.17 below) 3.13A Capital allowances Balancing charges Cars costing more than 12,000. (A separate calculation should be made for each car.) Capital allowances at 20% on equipment, including cars with lower CO 2 emissions 3.14A 3.15A Capital allowances at 10% on equipment, including cars with higher CO 2 emissions Agricultural or Industrial Buildings Allowance. (A separate calculation must be made for each block of expenditure.) % and other enhanced capital allowances claimed (separate calculations must be made). (Claims to and balancing charges arising on Business Premises Renovation Allowance must also be included in boxes 10.4 and 10.5 respectively.) Total capital allowances/balancing charges 3.22 total of column above total of column above 3.23 Income and expenses for this accounting period Read page PTRG 12 of the notes before completing this section. If your annual turnover was below 70,000 (or would have been if you had traded for the whole year) fill in boxes 3.24 to 3.26 instead of page 4. If your annual turnover was between 70,000 and 15m (or would have been if you had traded for a whole year) ignore boxes 3.24 to Now fill in page 4. If the combined annualised turnover from all of your activities was more than 15m fill in boxes 3.24 to 3.26 and send in partnership accounts and computations as well. In all cases, complete box 3.83 or box 3.84 on page 5, and the other boxes on page 5 if applicable. Turnover including other business receipts, and goods etc. taken for personal use (and balancing charges from box 3.23) 3.24 Expenses allowable for tax (including capital allowances from box 3.22) Net profit for this accounting period (put figure in brackets if a loss) 3.25 box 3.24 minus box Additional information HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 3 Please turn over

17 TRADING AND PROFESSIONAL INCOME for the year ended 5 April 2011, continued Income and expenses for this accounting period You must fill in this page if your annual turnover was between 70,000 and 15m. If the combined annualised turnover from all your activities was more than 15m, fill in boxes 3.24 to 3.26 on page 3 and send in the partnership accounts and computations as well. In all cases, complete box 3.83 or box 3.84 on page 5, and the other boxes on page 5 if applicable. Read the notes on page PTRG 12 of the Partnership Tax Return Guide. If you were registered for VAT, do the figures in boxes 3.29 to 3.64 include VAT? 3.27 or exclude VAT? 3.28 Sales/business income (turnover) Disallowable expenses included 3.29 in boxes 3.46 to 3.63 Total expenses Cost of sales Construction industry subcontractor costs Other direct costs Gross profit/(loss) box 3.29 minus (boxes ) 3.49 Other income/profits 3.50 Employee costs Premises costs Repairs General administrative expenses Motor expenses Travel and subsistence Advertising, promotion and entertainment Legal and professional costs Bad debts Interest and alternative finance payments Other finance charges Depreciation and loss/(profit) on sale Other expenses including partnership charges 3.45 Put the total of boxes 3.30 to 3.45 in box 3.66 below Tax adjustments to net profit or loss for this accounting period Disallowable expenses Goods etc. taken for personal use and other adjustments (apart from disallowable expenses) that increase profits 3.63 Total expenses Net profit/(loss) boxes 3.30 to boxes 3.51 to boxes minus Balancing charges (from box 3.23) 3.68 Total additions to net profit (deduct from net loss) boxes Capital allowances (from box 3.22) Deductions from net profit (add to net loss) boxes Net business profit for tax purposes for this accounting period (put figure in brackets if a loss) 3.73 boxes minus box 3.72 HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 4

18 TRADING AND PROFESSIONAL INCOME for the year ended 5 April 2011, continued Taxable profit or loss for this accounting period Adjustment on change of basis Net profit for this accounting period (if loss, enter '0' here) from box 3.26 or box 3.73 Allowable loss for this accounting period (if profit, enter '0' here) from box 3.26 or box Copy this figure to box 11A in the Partnership Statement Copy this figure to box 11 in the Partnership Statement Copy this figure to box 12 in the Partnership Statement Tick box 3.93 if the figure in box 3.83 or box 3.84 is provisional 3.93 Subcontractors in the construction industry Deductions on payment and deduction statements from contractors - construction industry subcontractors only Tax taken off trading income Tax taken off trading income (excluding deductions made by contractors on account of tax) See page PTRG 5 of the Partnership Tax Return Guide if you are a 'CT Partnership' Copy this figure to box 24 in the Partnership Statement 3.98 Copy this figure to box 24A in the Partnership Statement Summary of balance sheet for this accounting period Leave these boxes blank if you do not have a balance sheet or your annual turnover was more than 15m. Assets Plant, machinery and motor vehicles 3.99 Other fixed assets (premises, goodwill, investments etc.) Stock and work in progress Debtors/prepayments/other current assets Bank/building society balances Cash in hand boxes 3.99 to Liabilities Trade creditors/accruals Loans and overdrawn bank accounts Other liabilities boxes to Net business assets (put the figure in brackets if you had net business liabilities) box minus box Represented by Partners' current and capital accounts Balance at start of period* Net profit/(loss)* Capital introduced Drawings Balance at end of period* boxes to minus box * If the capital account is overdrawn, or the business made a net loss, show the figure in brackets. Box 'Additional information' is on page 3. Partnership trade charges Net partnership charges paid in the period 6 April 2010 to 5 April 2011 (not the accounting period) HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 5 Please turn over

19 PARTNERSHIP STATEMENT (SHORT) for the year ended 5 April 2011 Please read these instructions before completing the Statement Use these pages to allocate partnership income if the only income for the relevant return period was trading and professional income or taxed interest and alternative finance receipts from banks and building societies. Otherwise you must ask the SA Orderline for the Partnership Statement (Full) pages to record details of the allocation of all the partnership income. Step 1 Step 2 Step 3 Fill in boxes 1 to 29 and boxes A and B as appropriate. Get the figures you need from the relevant boxes in the Partnership Tax Return. Complete a separate Statement for each accounting period covered by this Partnership Tax Return and for each trade or profession carried on by the partnership. Then allocate the amounts in boxes 11 to 29 attributable to each partner using the allocation columns on this page and page 7 (see pages PTRG 21 to 25 of the Partnership Tax Return Guide for help). If the partnership has more than three partners, please photocopy page 7. Each partner will need a copy of their allocation of income to fill in their personal tax return. PARTNERSHIP INFORMATION If the partnership business includes a trade or profession, enter here the accounting period for which appropriate items in this statement are returned. Start End 1 / / 2 / / Individual partner details Name of partner 6 Address Nature of trade MIXED PARTNERSHIPS Tick here if this Statement is drawn up using Corporation Tax rules 3 Tick here if this Statement is drawn up using tax rules for non-residents 4 5 Partnership's profits, losses, income, tax credits, etc. Postcode Date appointed as a partner (if during or ) Partner s Unique Taxpayer Reference (UTR) 7 / / 8 Date ceased to be a partner (if during or ) Partner s National Insurance number 9 / / 10 Partner s share of profits, losses, income, tax credits, etc. for an accounting period ended in Tick this box if the items entered in the box had foreign tax taken off Copy figures in boxes 11 to 29 to boxes in the individual s Partnership (short) pages as shown below from box 3.83 Profit from a trade or profession A 11 Profit 11 Copy this figure to box 7 from box 3.82 Adjustment on change of basis 11A 11A Copy this figure to box 9 from box 3.84 Loss from a trade or profession B for the period 6 April 2010 to 5 April 2011* from box 7.9A UK taxed interest and taxed alternative finance receipts Loss Copy this figure to box 7 Copy this figure to box 26 from box 3.97 CIS deductions made by contractors on account of tax Copy this figure to box 28 from box 3.98 Other tax taken off trading income 24A 24A Copy this figure to box 29 from box 7.8A Income Tax taken off Copy this figure to box 27 from box 3.117Partnership charges 29 * if you are a 'CT Partnership' see page PTRG 5 of the Partnership Tax Return Guide 29 Copy this figure to box 4, Other tax reliefs section on page Ai 2 in your personal tax return HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 6

20 PARTNERSHIP STATEMENT (SHORT) for the year ended 5 April 2011, continued Individual partner details Individual partner details 6 Name of partner 6 Name of partner Address Address Postcode Postcode Date appointed as a partner (if during or ) Partner s Unique Taxpayer Reference (UTR) Date appointed as a partner (if during or ) Partner s Unique Taxpayer Reference (UTR) 7 / / 8 7 / / 8 Date ceased to be a partner (if during or ) Partner s National Insurance number Date ceased to be a partner (if during or ) Partner s National Insurance number 9 / / 10 9 / / 10 Partner s share of profits, losses, income, tax credits, etc. Partner s share of profits, losses, income, tax credits, etc. Copy figures in boxes 11 to 29 to boxes in the individual s Partnership (short) pages as shown below Copy figures in boxes 11 to 29 to boxes in the individual s Partnership (short) pages as shown below Profit 11 Copy this figure to box 7 Profit 11 Copy this figure to box 7 11A Copy this figure to box 9 11A Copy this figure to box 9 Loss 12 Copy this figure to box 7 Loss 12 Copy this figure to box 7 22 Copy this figure to box Copy this figure to box Copy this figure to box Copy this figure to box 28 24A Copy this figure to box 29 24A Copy this figure to box Copy this figure to box Copy this figure to box Copy this figure to box 4, Other tax reliefs section on page Ai 2 in your personal tax return 29 Copy this figure to box 4, Other tax reliefs section on page Ai 2 in your personal tax return HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 7 Please turn over

21 OTHER INFORMATION for the year ended 5 April 2011 Q7 Did the partnership receive any other income which you have not already included elsewhere in the Partnership Tax Return? YES If Yes, read the note below Make sure you fill in the pages for Questions 1 to 4 before answering Question 7 If you ticked the 'Yes' box and the only income was interest, or alternative finance receipts with tax taken off, from banks and building societies, fill in boxes 7.7A to 7.9A below. Otherwise phone the SA Orderline and ask for the Partnership Savings pages and leave boxes 7.7A to 7.9A blank. If you have more than one account, enter totals in the boxes. Interest and alternative finance receipts from UK banks and building societies, paid with tax taken off for the period 6 April 2010 to 5 April 2011 (not the accounting period) 7.7A Amount after tax taken off Tax taken off 7.8A Copy this figure to box 25 in the Partnership Statement 7.9A Gross amount before tax Copy this figure to box 22 in the Partnership Statement Q8 Are the details on the front of the Partnership Tax Return wrong? YES If yes, make any corrections on the front of the form Q9 Please give a daytime phone number (including the area code) in boxes 9.1 and 9.2. It is often simpler to phone if we need to ask you about your tax return. Your phone number Your adviser's name and address or, if you prefer, your adviser's phone number 9.2 Postcode Q10 Other information Please tick box 10.1 if this Partnership Tax Return contains figures that are provisional because you do not yet have final figures. Page PTRG 26 of the Partnership Tax Return Guide explains the circumstances in which provisional figures may be used and asks for some additional information to be provided in box on page 3. Disclosure of tax avoidance schemes If the Partnership is a party to one or more disclosable tax avoidance schemes, you must complete boxes 10.2 and Give details of each scheme (up to three) on a separate line. If the Partnership is party to more than three schemes details of the additional schemes must be reported on form AAG4. Scheme reference number 10.2 Tax year in which the expected advantage to 10.3 the partners arises year ended 5 April 10.1 Business Premises Renovation Allowance (BPRA) - read page PTRG 27 of the Partnership Tax Return Guide before you fill in these boxes. Extract from boxes 3.20 and 3.21 (and boxes 1.34 and 1.32 from the Partnership UK Capital allowance Property pages) the amounts that relate to any BPRA claims or charges. Enter claims to BPRA in box 10.4 and charges in box Balancing charge Q11 Declaration - I have filled in and am sending back to you the following: 1 TO 5 OF THIS FORM 6 & 7 PARTNERSHIP STATEMENT (SHORT) 6 & 7 PARTNERSHIP STATEMENT (FULL) PARTNERSHIP UK PROPERTY PARTNERSHIP FOREIGN PARTNERSHIP TRADING PARTNERSHIP DISPOSAL OF CHARGEABLE ASSETS PARTNERSHIP SAVINGS I attach 11.1 additional copies of page 7. There were 11.2 partners in this partnership for that period. Before you send the completed tax return back to your current HM Revenue & Customs office, you must sign the statement below. If you give false information or conceal any part of the partnership's income or details of the disposal of chargeable assets, you may be liable to financial penalties and/or you may be prosecuted The information I have given in this Partnership Tax Return, as the nominated partner, is correct and complete to the best of my knowledge and belief. Signature Print name in full here: If you have signed for someone else, please also: state the capacity in which you are signing (for example, as executor or receiver) 11.4 Date give the name of the person you are signing for and your name and address in the 'Additional information' box, box 3.116, on page 3. HMRC 12/10 PARTNERSHIP TAX RETURN: PAGE 8