I normally enter the SME R&D tax credit in box 530 of CT600. However this year I am using CT600L and the SME R&D tax credit has been enetered in L170 of that form and L175.
However box 530 does not reflect the SME R&D tax credit as this is now the total of L195 to L205 on CT600L which is NIL in our case as there is no set off against liabilities.
As I am using Ftax I am unable type in the SME R&D tax credit in box 530 either. I have input it in box box 875 of CT600.
Is this the correct way of filling up the two forms?
Replies (2)
Please login or register to join the discussion.
You don’t fill in CT600L if there’s no offset. I had this issue / query last month.