Losses and reliefs (including loan relationship deficits) section (CT600)

This section is used to enter details of non-trading losses and reliefs.

Refer to the HMRC Corporation Tax form for Company Tax (CT600) guidance if needed (opens in a new tab).

  1. Open the required tax return, then select the Data input tab.

  2. If the required section is listed, select it and skip the next step. If not, select Add a new section.

  1. On Choose a section to add, under Deductions & reliefs, select Losses and reliefs (incl. loan relationship deficits).

    If the section is crossed through, it has already been added to the tax return. To adjust it the existing values, close the window and select the section on the Data Input tab.

  1. Complete the section as follows, then select Save changes.

Non-trading loan relationship deficits

Shows the calculated surplus or deficit from non-trading loan relationships as entered into the trading profits screen.

Enter any deficits carried back from a later period and used to offset the surplus profits in this period. (This field will not be visible if there is a net deficit in the current period.)

Enter the amount of any current period deficit that is to be used to reduce current period profits. (This field is not shown if there is no deficit in the current period.)

Enter the amount of any current period deficit to be carried back to an earlier period. (This field s not shown if there is no deficit in the current period.)

Shows the amount of any deficit that has been surrendered for group relief. (This field is not shown if there is no deficit in the current period.)

Shows the net surplus or deficit for the current period.

Enter the unused deficits brought forward from an earlier period.

Enter the brought forward deficit to allocate against non-trading income in the current period.

Shows the remaining deficit to carry forward.

Losses on non-trading intangible fixed assets

Shows the net profit or loss arising in the current period, as entered in the adjustments to trading profit section.

Enter the non-trading IFA losses brought forward.

Shows the net profit or loss after losses brought forward.

Shows the total non-trading IFAs surrendered for group relief.

Enter the total amount of the loss used to offset total profits for the period.

Displays the unused losses to be carried forward to the next period.

Losses brought forward against certain investment income

Use this grid to enter losses brought forward and used against certain investment income.

For each line, enter a brief Description of the brought forward loss and the Amount of the loss brought forward and used. A new line is automatically added.

Non trade capital allowances

This grid allows summary entry of non-trading capital allowances to be claimed.

For each line, enter a brief Description of the capital allowance and the Amount of the capital allowance claimed.