To access this screen select Edit, Posting and click on the + next to Income disallowed to display the posting methods. Highlight the method you wish to use and select Insert to make a posting.
If you are generating a CT600 you may also make an income disallowed posting via the Data entry screens by using the Edit buttons next to:
Box 3 Trading Profits on the Income screen.
Box 122 Trading losses on the Losses deficits and excess amounts screen.
Due to changes to online filing and tax computation reporting requirements, any postings made to this category must have an appropriate iXBRL tag selected from the list of available income types in the drop down list.
Postings to this screen are for income which is not allowable within the Trade computation and will be deducted in the calculation of the Trade Profit/Loss.
For long periods postings are time apportioned and used to adjust the Trade Profit/Loss unless the user indicates that the posting date should be used.
Do not include postings for the following items as they are dealt with automatically by Business Tax.
profit on sale of fixed assets
interest and other investment income
There are three alternative ways to enter an amount:
If a posting should not be time apportioned between CTAPs indicating that the posting date should be used will ensure that the posting is allocated into the CTAP that includes the posting date.