Worksheets

Load the AIA claim section, to see the expenditure and analysis of how much qualifies for AIA. 1. Tick the box shown below if the whole amount does not qualify for AIA.   2. Once ticked, the cell will turn blue and allow you to manually amend the... Read More

The capital allowances summary worksheet includes an option to allow the override of capital allowances as shown below: This option will make the usually auto-calculating capital allowances cells available for user input. Use the override... Read More

Current year losses can be carried back to prior year to reduce the tax liability. 1. In the prior year file, to bring back the current year loss populate the B/back cell as shown below.   2. Within the current year file, fill in the carried back... Read More

Interest paid automatically defaults to non-trade interest within the P & L Account Worksheet.   If you want to show the cost as trade interest. 1. Enter the amount in the trade field and delete the amount in the non-trade field. 2. Open the... Read More

The chargeable gains worksheet in Caseware Corporation Tax does not include, an option for reporting gains exempt under the substantial shareholdings exemption (SSE). This is on the basis that: The SSE rules provide that disposals qualifying for the... Read More

Charitable donations automatically populate the Corporation Tax module when they are mapped to R14.02.00.01. This will first populate Charitable donations row within the Detailed Profit and Loss worksheet. 1. Click the E next to the Charitable... Read More

epCT3.10.01 included the ability to claim Creative Industries tax relief. Entities created with Periods on or after 1 April 2015 will be provided with the option to include this in the Tax Relief section. When selected, this will create a separate... Read More

1. To obtain the Corporate interest restriction, tick the Corporate interest restriction box (located under Associates and group details) within the Company details section of the CTWIZARD. 2. Once selected, a new worksheet will be available within... Read More

With the release of epCT3.12.03, the rates tables have been updated to include rates and thresholds in force from 1 April 2020. The following changes have been made: The main rate of Corporation Tax has been updated to the revised 19% rate from 1... Read More

Within the Caseware Corporation Tax template, the Detailed Profit and Loss account worksheet is pre-populated from the Trial Balance imported into the Caseware Working Papers file. This pre-population is accomplished using mapping masks, where... Read More