Bring Forward

When starting a new period some information entered in the preceding period may be brought forward into the new period.

1. Select Edit, Bring Forward.

2. A panel asks you confirm that you want to bring forward, click Yes.

3. Business Tax will now run the bring forward routine.

4. Once the Bring Forward is complete it is possible to print a report showing the values brought forward for the period.

The following items will be brought forward depending for all businesses:

• All account total postings.  If postings have already been made in the current period the user will be asked if last year's postings should be brought forward.  Doing so will delete any postings made so far for the current period.  Specific postings or postings linked to a unique posting in Accounts Production can not be brought forward.  Where these types of posting existed in the previous period the Bring Forward report will inform the user that they have not been brought forward.

• Business size

• Tax avoidance

• Name and status of the person signing

• Any short life or other individual assets

• The figures for the general and motor vehicle pools are brought forward. If a pool was not set up in the previous period you will be asked if you want to enter the brought forward values. If you do not want to enter the values at this time select cancel and set the pools up in the Capital Allowances option later.

• If there are notes you are asked if you want to bring them forward.

For limited companies the following additional information is brought forward.

• CT600E (Charities and CASCs) including information in Claims to Exemption and Charity Assets containing boxes E26 and E28.

• Last years tax rate will be brought forward from the previous period if the Deferred Tax screens were used last year.

• The losses of all types carried forward at the end of the previous period

• Any excess non-corporate distributions are brought forward. These will not be brought forward if the period start is on or after 1 April 06.

• CT600F (Tonnage Tax Profits) including boxes F1 - F7 in Part 1 and information in Computation of Tonnage Tax Profits containing the Name of the ship, IMO number, Interest in ship, Net tonnage.

• Bank details information.

If changes are made to the preceding period at a later date, after the bring forward routine has been carried out, run bring forward again to update the appropriate fields.