CT600 Box 205: Other Income Not Included Elsewhere

Box 205 on the CT600 is for income that doesn't fit in any other box. It's a catch-all for miscellaneous taxable income that isn't trading, property, or other specific categories.

What Goes in Box 205?

Box 205 captures any taxable income not covered by other CT600 boxes. This includes:

• Miscellaneous income
• One-off receipts not from trading
• Income from unusual sources
• Sundry taxable amounts

Types of Income for Box 205

Typical Box 205 Items

Income That Goes Elsewhere

When to Use Box 205

Use Box 205 when you have taxable income that:

1. Is not from your company's trade
2. Is not property income
3. Is not dividends or annual payments
4. Is not a capital gain
5. Doesn't fit any other specific box

Example Scenarios

Recovered Non-Trade Debt

• Previously wrote off a loan to someone
• They later repaid it
• This recovery isn't trading income
• Enter in Box 205

• Received compensation for something not related to trade
• Not a capital receipt
• May belong in Box 205

• Money appeared in your account
• Can't identify source
• If you can't allocate elsewhere, Box 205

Box 205 vs Trading Income

It's important to correctly classify income:

Trading Income (Box 150)

• From your company's main activities
• Regular business operations
• Services or goods you sell
• Directly related to your trade

Other Income (Box 205)

• Not from main activities
• One-off or unusual
• Unrelated to your trade
• Can't fit elsewhere

Tax Treatment

Income in Box 205:

• Is added to your total profits
• Is taxed at the Corporation Tax rate
• No special reliefs typically apply
• Counted the same as other income for tax purposes

Most Small Companies: Box 205 = Zero

For typical small companies:

• All income is from trading → Box 150
• Property income → Box 190
• No unusual one-off receipts
• Nothing for Box 205

Related Boxes in the Income Section

Common Questions

I have small amounts of interest - does that go in Box 205?

Interest from loans and bank accounts is usually:

• Part of your loan relationships
• Has specific treatment elsewhere on the CT600
• Not typically Box 205

What about government grants?

Government grants are usually:

• Taxable as trading income if related to trade
• Go in Box 150 or offset against related expenses
• Generally not Box 205

My company received a refund - where does it go?

Refunds of:

• Trading expenses → Reduce those expenses or Box 150
• Tax → Not income at all
• Non-trade items → Possibly Box 205

I can't work out where to put some income

If you genuinely can't classify income:

1. Consider if it's trading-related (Box 150)
2. Check if it's property-related (Box 190)
3. If truly unclassifiable, Box 205 may be appropriate
4. Consider seeking professional advice

When Using TinyTax

TinyTax categorises income correctly:

1. Enter income in the appropriate sections
2. Trading income goes to the right boxes
3. Property income is handled separately
4. Most users won't need Box 205

Related Articles

• CT600 Box 150: Trading Income
• CT600 Box 190: Property Income
• CT600 Box 210: Chargeable Gains
• CT600 Boxes Explained

Need Help?

TinyTax guides you through income classification so figures land in the correct boxes. For unusual income sources, consider professional advice to ensure proper treatment.

Start Your CT600 Free →