Interactive Corporation Tax

Business Tax uses the setting in Accounts Production for the headers to determine what report headings should be bold, underlined, upper or lower case, right, left or centre aligned. To amend this log into Accounts Production and select Setup \| Report Options \| Headers and make the necessary changes. For more information on how to amend or enter data click on the Blue highlighted headings COMPANY NAME TAX DISTRICT TAX REFERENCE CORPORATION TAX COMPUTATION CORPORATION TAX ACCOUNTING PERIOD
TRADE COMPUTATION	£	£	£
Profit per financial statements
Add: Depreciation Dividends - preference shares
Expenses Disallowed
Balancing Charge
Less: Income disallowed Allowable expenses
Deposit account interest Capital Allowances Research & Development enhanced deduction Film tax enhanced deduction Industrial buildings allowances

Trading Losses Trading losses brought forward Net trading profit / loss
PROFITS AND GAINS FROM NON-TRADING LOAN RELATIONSHIPS
Deposit account interest ANNUITIES Annuities OVERSEAS INCOME Overseas income OTHER INCOME Chargeable income Ohter Losses Non trading gains on intangible fixed assets INCOME FROM WHICH INCOME TAX HAS BEEN DEDUCTED Interest received net
INCOME FROM UK LAND AND BUILDINGS
Rent receivable Less: Property expenses Property losses memo

CHARGEABLE GAINS
Gross gains Less: Allowable losses in year Losses brought forward Losses carried forward PROFITS DEDUCTIONS SPECIFICALLY FROM NON-TRADE PROFITS Trading losses brought forward against investment income Non-trade deficits brought forward Losses on unquoted shares CVS loss relief Management expenses Property losses Non trade deficits for this accounting period Non trading losses on intangible fixed assets Current year trading losses PROFITS BEFORE CHARGES CHARGES PAID Charges on income GROUP RELIEF
PROFITS CHARGEABLE TO CORPORATION TAX
Ring fence profits included Franked investment income
ASSOCIATED COMPANIES
Number of associated companies in FYyyyy:
CORPORATION TAX CHARGEABLE
X @ 19% NET CORPORATION TAX CHARGEABLE CVS investment relief Double taxation relief Advance corporation tax utilised Tax payable under S419 ICTA 1998 Income tax suffered by deduction Amount utilized Corporation tax already paid Research & Development tax credit Films tax credit Land remediation or life assurance company tax credit Capital allowances first year tax credit
CORPORATION TAX OUTSTANDING
Memo: Shadow ACT calculation Memo: Summary of Advance Corporation Tax Memo: Summary of Trading Losses Trading loss Surrendered to group Loss brought back Utilized (S393A) Current year Carried back Research & development adjustment Film tax credit adjustment Loss remaining Losses brought forward Utilized S393 (1) Utilized S393 (7) Unrelieved trade charges Available for carry forward MEMO: Summary of management expenses Expenses incurred Group relief Expenses brought forward Expenses utilized Expenses carried forward MEMO: Summary of deficits on non-trading loan relationships MEMO: Underlying rate of Corporation Tax
MEMO: Non Corporate Distributions