1304 - Taxable amount

The taxable amount has automatically been calculated for you. If you are claiming foreign tax credit relief the figure is the same as the figure in the 'Amount' of income arising or received before any tax taken off' field. If you are not claiming foreign tax credit relief the figure is the amount in the 'Amount of income arising or received before any tax taken off' field minus any amount in 'Foreign tax taken off or paid'.

For further information see Help Sheet 262 - Income and benefits from transfer of assets abroad and Income from non-resident trusts (PDF 92K).

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