Printing HMRC reports

Alto enables you to produce and print both quarterly and yearly NRL tax reports as well as the Section 23 report as required by the HMRC for overseas landlords.

 Note

Before the reports can be produced, you must first process the landlord overseas NRL tax on your Alto software
For more information on Overseas tax/NRL - process tax quarterly, click here

This article includes: 

Quarterly NRL reports

Once the NRL tax has been processed, the steps below will allow you to view or print the reports.

  1. Click Accounts on the main toolbar
  2. On the side menu, within the Bank Transactions section, click Process NRL Tax
  3. Click the Timeline top tab
  4. Click View next to the NRL report that relates to the quarter you wish to view or print
  5. The report opens in a new tab on your browser. You can now print it, however, the way you print the report will depend on the browser you are using 

Yearly NRL reports

  1. Click Accounts on the main toolbar
  2. On the side menu, within the Bank Transactions section, click Process NRL Tax
  3. Click the NRL Reports top tab
  4. Report Type - In the dropdown menu, click NRLY Annual Information Return
  5. Year End - In the dropdown menu, click the relevant year end that you want to produce the report for
  6. Group by Client Account - Tick, if required
  7. Click View
  8. The report opens in a new tab on your browser. You can now print it, however, the way you print the report will depend on the browser you are using

The report displays the rental income, expenses, and tax for each landlord. It also displays the amount of tax that should have been paid over to the HMRC, for each quarter.

Producing a Section 23 report

The HMRC will also request a completed Section 23 report.

  1. Click Reporting on the main toolbar
  2. Click Property Management Financials in the side menu under Reporting Groups 
  3. Click Schedule 23 Report under Property Management Financials Reports
  4. In the Report Options section:
    1. The Period will default to Last Tax Year
    2. The From and To dates will reflect the Last Tax Year
    3. You can use the Overseas dropdown menu to either Include or Exclude Overseas Landlords
  5. The Branch Filtering section can be used to select an individual branch, or multiple branches, for the report
  6. Click Create Report to generate a one off report
    1. You can also Export the report into a .pdf, Excel or .csv document if you prefer to view it in an alternative format
  7. The report will appear as a Page icon next to your login name on the main toolbar. Hover over the icon and click Open next to the report
  8. The report is ready for you to submit to HMRC

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