Tax Return And Self Assessment For The Year 2015 (Page 4 of 36) in pdf

ANY PANEL(S) OR SECTION(S) THAT DO NOT REQUIRE AN ENTRY SHOULD BE LEFT BLANK.

2015120

PPS Number

B - INCOME FROM TRADES, PROFESSIONS OR VOCATIONS

[101 - 158]



(Including Farming & Partnership Income)

(Entries on page 5 opposite

)

101. Insert T in the box(es) to indicate to whom the income in each column refers. In Trade 3 column enter the number of trades for

which information is being included, if applicable

102. Description of Trade, Profession or Vocation (you must clearly describe the trade)

Do not submit accounts with this return. Instead you MUST give an extract of information from the accounts on pages 8 and 9

103. If you are employed by An Post as a sub-postmaster/postmistress, or by the Department of Social Protection as a

Social Welfare Branch Manager, insert T in the box. Where there is an entry at Line 103 there must be an entry at Line 108

104. If this source of income ceased during the year 2015 state the date of cessation (DD/MM/YYYY)

105. If you are an RCT sub-contractor for the purposes of this trade and have changed your accounting period in 2015 insert T in box

Farming

106 (a) Insert T in the box if you are a partner in a Registered Farm Partnership as defined by S. 667C

(b) Insert T in the box if this trade relates wholly or in part to Share Farming

(d) Insert T in the box if the assessable profits for this year are computed in accordance with S. 657 (income averaging)

(e) Insert T in the box if you wish to withdraw from income averaging for the year 2015

Profit assessable in 2015



107 (a) Amount of adjusted net profit for accounting period

(b) Amount of adjusted net loss for accounting period

108. Enter the assessable profit even if this is the same as the adjusted net profit per Line 107(a) - (if a loss show 0.00)

This should include income assessable under S. 98A(4), (Reverse Premiums in trading situations) where appropriate

109. Start Your Own Business relief

If you are claiming relief under S. 472AA for starting your own business:

(a) State the date of the commencement of the new business (DD/MM/YYYY)

(b) Insert T in the box to confirm that you have been unemployed for 12 months immediately before the commencement date

(see Form 11 Helpsheet for more information)

110. Balancing Charges

(a) Amount arising from capital allowances which were deductible in arriving at relevant income for USC

(b) Amount arising from capital allowances which were not deductible in arriving at relevant income for USC

111. Unused Capital Allowances from a prior year

(a) Amount carried forward which is allowable as a deduction for USC, i.e. allowances under S. 284(1), 272(3), 658(2)(b),

and 659(2)(a) determined in accordance with subsections (3A), (3AA), (3B) or (3BA) of S. 659

(b) Amount carried forward which is not allowable as a deduction for USC, i.e. allowances other than those claimed under the

Sections specified in (a) above, and are not specified relief capital allowances (as set out in Sch. 25B)

(i) Specified property relief capital allowances, as defined in S. 531AAE



(ii) All other specified relief capital allowances

Capital Allowances for the year 2015

[112 - 115]

112. Where a claim to tax relief on property based incentive schemes is included below, insert T in the box and give details in

Panel N on pages 30/31

113. Machinery and Plant

114. Industrial Buildings and/or Farm Buildings Allowance

(a) Amount which is allowable as a deduction for Universal Social Charge (USC), i.e. allowances under S. 272(3) and 658(2)(b)

(b) Amount which is not allowable as a deduction for USC, i.e. allowances other than those claimed under the Sections

specified in (a) above, and are not specified relief capital allowances (as set out in Sch. 25B)

Note: As provided for in Part 12, Chapter 4A, passive investors should not include any excess accelerated capital

allowances carried forward beyond 2014 or the tax life of the building or structure, if later.

(i) Specified property relief capital allowances, as defined in S. 531AAE

(ii) In respect of any Living City Initiative (S. 372AAC) capital allowances, enter the amount of capital allowances and provide

the following:-

PAGE 4

FOR OFFICE USE ONLY

Tax Return And Self Assessment For The Year 2015 Page 4

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