How to complete the UK Land & Property pages for 2017

Box 1: Automatically populated.
Box 2: UK Land & Property | Property Income | Highlight the property and click Edit.
Tick the box Income from this property has ceased.
Box 3: UK Land & Property | Property Income | Highlight the property and click Edit.
Tick the box Property let jointly.
Box 4: UK Land & Property | Property Income | Highlight the property and click Edit.
Select Income Type then select Option G: Rent-a-room scheme.

The following boxes are for FHL & EEA Properties:

Box 5: UK Land & Property | Property Income
Select the Income option in the bottom half of the screen and click New to enter the income.
Box 5.1: UK Land & Property | UK Property Allowance and Residential Finance Costs
Tick the Claim Property Income Allowance option in the Furnished Holiday Lets section and enter an amount into the Maximum Allowance field.
Box 6: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 1, 2, 3, 5, 6, 8, 11, 14, 15 and 24
Box 7: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 16 and 17.
Box 8: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 7, 12 and 13.
Box 9: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 0 , 4 and 25.
Box 10: UK Land & Property | Property Income
Select the Income option in the bottom half of the screen and click Edit where the rent has been entered.
Complete the Private Use field.
Box 11: UK Land & Property | Property Income
Select the Income option in the bottom half of the screen and click Edit where the rent has been entered.
Complete the Balancing Charge field.
Box 11.1: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose type 23.
Box 11.2: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose type 27.
Box 12: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New and choose type 10.
Box 13: This is automatically populated – see Schedules of data for more information.
Box 14: This is automatically populated – see Schedules of data for more information.
Box 15: This is automatically populated – see Schedules of data for more information.

Box 16: UK Land & Property | Property Losses | Offset against total income
This applies to years prior to 2012 only.
Box 17: This is automatically populated – see Schedules of data for more information.
Box 18: The property must be entered under Foreign | Property Income
The country chosen must fall in the EEA and Furnished Holiday Let must also be selected. An X will then appear in this box.
Box 19: Foreign | Property Income
Highlight the property and click on Edit. Tick the box Make a period of grace election.

The following boxes are for other Properties:

Box 20: UK Land & Property | Property Income
Select the Income option in the bottom half of the screen and click New to enter the income.
Box 20.1 to UK Land & Property | Property Allowance and Residential Finance Costs | Tick the Claim Property Income Allowance option in Foreign Property - Other section and enter an amount into the Maximum Allowance field.
Box 20.2: UK Land & Property | Property Income | Select Edit on property | Tick Property profits have been calculated using traditional accounting instead of cash basis.
Box 21: UK Land & Property | Property Income
Select the Income option in the bottom half of the screen and click Edit where the rent has been entered.
Complete the UK Tax Paid field. See the Schedules of data for more information.
Box 22: UK Land & Property | Property Income
Highlight the property and click Edit.
Select Income Type, then select Option F: Premium on Lease. Enter Term of lease then enter the Premium in the Income section in the bottom half of the screen.
Box 23: UK Land & Property | Property Income
Highlight the income where the Premium has been entered and select Edit. Complete the Reverse Premium.
Box 24: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 1, 3 and 8.
Box 25: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 5, 6, 9 and 11.
Box 26: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 16 and 17. Enter an amount into Allowable Deduction.
Box 27: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 4, 7, 12 and 13.
Box 28: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 2, 14, 15 and 24.
Box 29: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 0 and 25.
Box 30: UK Land & Property | Property Income
Highlight the income where the rent has been entered and select Edit.
Enter the Private Use.
Box 31: UK Land & Property | Property Income
Highlight the income where the rent has been entered and select Edit.
Enter the Balancing Charge.
Box 32: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 10 and tick the box Annual Investment Allowance.
Box 33: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 10 and tick the box Business Premises Renovation Allowance.
Box 33.1: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 23.
Box 33.2: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 26.
Box 34: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 20.
Box 35: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 10.
Box 36: UK Land & Property | Property Income
Select the Expenses option in the bottom half of the screen and click New.
Use Type 21.
Box 37: UK Land & Property | Property Income
Highlight the property and click on Edit.
Select Income type and choose Option G: Rent-a-room scheme.
Box 38: This is automatically populated – see Schedules of data for more information.
Box 39: This is automatically populated – see UK Land & Property | Property Losses for more information.
Box 40: This is automatically populated – see Schedules of data for more information.
Box 41: This is automatically populated – see Schedules of data for more information.
Box 42: Utilisation of property losses is restricted to set-off against income from other properties. However, if there is a loss which includes capital allowances then they (net of balancing charges) may be offset against total income.
To do this: Go to UK Land & Property | Property Losses and enter the amount to offset into the Loss offset against total income.
Box 43: This is automatically populated – see UK Land & Property | Property Losses for more information.
Box 44: Select the Expenses option in the bottom half of the screen and click New.
Choose from types: 16 and 17. Enter an amount into Excess Finance Cost.
Box 45: This is automatically populated – see UK Land & Property | UK Property Allowance and Residential Finance Costs | Residential Finance Costs for more information.