Management expenses section (CT600)

This section is used to add details of management expenses and capital allowances for investment and life assurance companies.

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.

3. On Choose a section to add, under Deductions & reliefs, select Management expenses.

   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.

4. Complete as follows, then select Save changes.

Management expenses

For each line, enter a briefDescription of the expense, the Per accountsamount and the amount Allowed as a deduction.

A new line is automatically added. Unwanted lines can be deleted using the bin icon.

Period summary

• Excess management expenses brought forward – enter any excess management expenses brought forward from an earlier period.

• Total available for relief - shows the total management expenses brought forward and arising.

• Used this period – enter the management expenses to be utilised this period.

• Surrendered to group (from group relief) – shows the total excess management expenses that have been surrendered for group relief in this period.

• Excess to carry forward – this field shows the total unused excess management expenses to be carried forward.

Capital allowances

• Capital allowances for business management – enter the total capital allowances claimed on expenditure used for business management.