Book Royalties - help please

T.C.

One of my self-employed clients also received a very small amount in book royalties, under £500. Where do I enter this on a Tax Return? :001_unsure:

Or is it that this comes under a DT rule and no tax is payable by the recipient. My recipient was willed the royalties by her mother. If the DT rule applies, do this mean that tax was deducted at source.

Not my field - any help much appreciated!!

Dean

Hi TC

There are two types of royalties, copyright royalties and patent royalties.

This will probably be copyright as patents are normally for inventions. Therefore, they will be paid gross and you would enter the figure received in box 13.1 (I think - 'other income') on the tax return.

Regards

Dean