1059 - Completing the tax credit relief working sheet

There is a list of figures, that you can print, that will help you complete the foreign tax credit relief working sheet.

You can also print the foreign tax credit relief working sheet, and you will need to print 1 copy for every item of foreign income, that has had foreign tax deducted, for which you want to claim relief.

Read the instructions on the working sheet before you begin.

Use the figures provided instead of the tax calculation 'A' numbers on the 1st foreign tax credit relief working sheet.

For example, on the working sheet box TC1 (Total non-savings income) has the instruction 'from tax calculation box A27'. The value of box A27 appears on the list as 'Total non-savings income (use in Box TC1)'. Use this figure in box TC1. If you need to complete a 2nd foreign tax credit relief working sheet, or more, you will be directed to take some figures from the previous tax credit relief working sheet. (e.g. Box TC1 will come from box TC11 of the last working sheet you completed.) Other boxes continue to use figures from the tax calculation. (e.g. Box TC34 is always from A109.) Continue to use the figures from the list for box TC34 and other boxes that don't use figures from the previous working sheet.

Once you have completed a foreign tax credit relief working sheet for every item of foreign tax claimed add together the foreign tax credit relief you have calculated (box TC123) on each item and enter the result on the next foreign tax credit relief screen.