CT600A Loans to Participators

Last modified 14:59, 12 Apr 2016

Overview

Using the CT600A Loans to Participants window, you can add details of loans to participators necessary to complete the CT600A supplementary return pages.

You can add Participators to the CT600A Loans to Participator summary table and enter any amount of an existing loan brought forward.

The s455 tax arising and any relief due will be calculated based upon the transactions you enter into the Participator detail window when the Participator is created.

Complete Section 3 if the loan repaid, released or written off was more than nine months after the accounting period end in which the loan was made.

Accessing the CT600A data entry window

To access the Data Entry window, in the Data Navigator in the left side of the window: 

  • expand the Tax return information options and then and click CT600A.
  • click Tax return information and then click the CT600A hyperlink.

To view the supplementary pages, in the Actions panel on the left hand of the screen, click View Tax returns.

The window allows you to add Participators and complete details of the loan brought forward.

The s455 tax arising and any relief due will be calculated based upon the transactions you enter into the Participator detail window when the Participator is created.

Complete Part 3 Section 3 only if the loan is repaid in the circumstances outlined within the CT600 guide.

Page statistics
196 view(s) and 1 edit(s)
Social share
Share this page?

Tags

This page has no custom tags.
CCH Corporation Tax

Comments

You must to post a comment.

Attachments

 

 | Cookie Policy | Copyright | Privacy Policy Terms of Use | Contact Us |