Use this grid to input land remediation expenditure that is eligible for enhanced deductions.
- Add the Trading profits section to the return (or select it if already added), then select the Adjustments to trade profit tab.
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Select Edit to open the grid and complete as follows:
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Description – enter a description of the expenditure.
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Per accounts – enter the amount of the expenditure that has been included in the accounts.
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Qualifying amount – select the amount that qualifies for enhanced deductions.
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Rate % – hows the rate for the additional deduction (50%).
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Additional deduction – shows the additional deduction that will be used to increase the expenditure in the accounts.
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A new line is automatically added. Unwanted lines can be deleted using the bin icon. Select Save changes.