This section is used to record the disposals and calculation of chargeable gains for the accounting period.
Refer to the HMRC Corporation Tax form for Company Tax (CT600) guidance if needed (opens in a new tab).
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Open the required tax return, then select the Data input tab.
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If the required section is listed, select it and skip the next step. If not, select Add a new section.
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On Choose a section to add, under Gains, select Chargeable gains.
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.
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Complete the section as follows, then select Save changes.
Summary of Chargeable Gains
- Gross gains in period - shows the gross gains calculated from the disposals entered.
- Losses in period - shows any losses calculated from the disposals entered.
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Capital losses brought forward - enter any capital losses to be brought forward.
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Loss used in period - the total value of current period and brought forward losses that are allocated against gains in the period is automatically calculated.
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Net gains after losses - shows the net gains after any losses have been set off.
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Capital losses carried forward - shows any losses that will be carried forward to the next accounting period.
Disposals
Any existing disposals are listed. You can add or edit disposals here, or delete unwanted disposals by selecting the description, then Delete disposal.