Overview


The R185 forms are available for trust and estate income; R185 (Statement of income from trust) and R185 (Statement of income from estates).  For Trusts, this form is used to advise the beneficiaries about income payments or entitlement from the trust.  For Estates, the form is used to advise beneficiaries about income from the residue, and is applicable for each year during administration of the estate.


The forms currently populate with the administration details held within Troika, please see below for clarification of what you can expect to populate and where the information comes from.


Producing the Form  


From within the Wealth Management module, select the Client tab and the menu option IHT & Other Tax Forms.  Select either R185 (Trust Income) or R185 (Estate Income).  Click Generate to produce the form.


Populated Information - R185 (Trust Income)


The form currently populates the following information: 

  • Beneficiary details, including:
    • Full name
    • Address
  • Trust details, including:
    • Full name
    • Unique Taxpayer Reference (UTR)


Populated Information - R185 (Estate Income)


The form currently populates the following information:

  • Beneficiary details, including:
    • Full name
    • Address
  • The deceased person's details, including:
    • Full name
    • Date of death


All further information required should be entered manually at this time.


Once the form has been run, and on exiting, you must save your changes.


This article is confirmed to be applicable from Troika release 2.09.015.