Holding Company CT600 Return Help

Non-Trading Holding Company in receipt of dividends.

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Hi all,

Really easy one today. Trying to complete a CT600 for a holding company of an associate where the only transactions are receipt of dividends and a few expenses for bank charges accountancy etc.

As i understand it, I enter the dividends received as franked investment income and discount this from trading profits, but what do I do with the expenses as this is now showing a trading loss, which I dont think is right.

Sorry i know this is really trivial but I havent done this in a long time and cant find any useful guides online.

Thanks in advance.

 

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By Practise_Accountant88
09th Dec 2016 15:11

Appreciate this is perhaps the least interesting thing you will read all day but would any kind souls want to help me out.

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By Tim Vane
09th Dec 2016 16:02

I guess we are all stuck on how a non-trading company can have trading profits...

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