Previously I've attached my own manual CT computations with losses memo to HMRC's CT600 software and ticked the 'repayment due for earlier period' box - pretty standard stuff. Avoids the need to revise the previous year's CT600.
But seems Taxfiler can't do a losses record and I certainly don't want to report unused trading losses to carry forward' in my Taxfiler computation; there won't be any losses carried forward. I've hunted high and low in the data input and help sections. Seriously, am I going to have to type up a decent manual computation and loss memo? Must be obvious, but what am I missing?
Replies (3)
Please login or register to join the discussion.
Loss carry back
Are you saying you want to carry back the trading loss?
In the section "Trading Profits" there is a "Trading Losses Summary" on the first tab where you can enter the trading losses to carry back.
You can then tick the box for "repayment due for earlier period" in the company information section.
Apologies if I've misunderstood what you are trying to do.
I haven't done a carry back for losses in Taxfiler
There is a box on the summary where you can enter losses to carry back.
As far as I can remember, the last time I carried back losses I did a new tax comp for the back year and attached it to the tax return.