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To access this screen select Data Entry | Enhanced Expenditure
Use the screen to enter the amounts for the Enhanced Expenditure section
of the CT600 and any extra deduction for enhanced expenditure to appear
on the corporation tax computation.
Use this screen to enter any trade specific values by first selecting the Show trade specific values option and then selecting the trade, by selecting the Trade name drop-down option. To view the company totals select the Show business total option.
Selecting the Show business total option will disable the fields in the Enhanced Expenditure screen.
Use these fields to indicate the size of the company if it is claiming an enhanced R&D deduction. Select small or medium to tick box 650 on the CT600, and large to complete box 655. The definition of company size follows that adopted by the European Commission for State Aid purposes.
Neither box 650 nor box 655 will be ticked on the return unless an entry has been made in box 660, 665, 675 or 680.
Use the field Adjust DI by to enter the amount by which the Schedule DI computation should be amended.
Use the CT600 field for box 660 to enter the total 175% research and development enhanced expenditure for small or medium sized companies, or 130% for large companies with expenditure incurred after 1 August 2008 for small or medium sized companies and 1 April 2008 for large companies.
There must be a figure in box 660 in order to enter vaccine research expenditure onto the return.
To access this screen, go to Data Entry | Enhanced Expenditure and click Edit.
Use the field Adjust Trade Profits by to enter the amount by which the Trade computation should be amended and use the CT600 field to enter the enhanced expenditure incurred for:
These fields are only accessible if the account period end date is on
or after 1 April 2006.
Use this field to enter subcontracted research expenditure made on or after 01/04/08 (for large companies) 01/08/08 (for small or medium sized companies).
This option is only available to small and medium sized companies and it will be greyed out if a 'large company' is selected at the top of the screen.
The Adjust Trade Profits by value will be included as a deduction in
the trade calculation on the corporation tax computation.
Use this field to enter vaccine research deductions into box 675 on the CT600.
All companies can claim an extra 40% relief if carrying out R&D into specified diseases.
Business Tax allows users to enter amounts in the fields provided whether large or small company has been ticked at the top of the screen.
The Adjust Trade Profits by
value will be included as a deduction in the trade calculation on the
corporation tax computation.
Use the first field for box 680 to enter the total 150% land remediation expenditure.
Use the field Adjust Trade Profits by to enter the amount by which the Trade computation should be amended. Depending on your previous postings this may be the full 150% deduction or only the extra 50%.
Use the field Adjust Property Income by to enter the amount by which the Property Income computation should be amended. Depending on your previous postings this may be the full 150% deduction or only the extra 50%