My entries of untaxed bank interest result in a box coming up telling me, in effect, that if submitted the Return will fail. It should be very simple and straightforward. The total interest received is £4.00 divided equally between the partner's. Could someone please tell me into exactly which boxes the relevant entries should be made. Thanking you in anticipation. Kind regards.
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£4 ? Have you thought about sticking it in trading ?
Don't waste your time for a quid in tax.
I've encountered problems in the past (not with Andica) where there's a rounding problem between the partnership and individual returns. So if you have say three partners, try entering £3 in the partnership return and see if the problem goes away.
If there's no other investment income, I would stick the interest in Box 7.9A and allocate accordingly.
And is the £4 partnership interest, or simply interest received on a joint account. If the former, you should be able to enter in box 7.9A, then allocate on the partnership statement and copy to the appropriate boxes in the individual returns. If it's simply joint interest, you could leave it off the partnership return and simply add £2 to each individual's interest.