CORPORATION TAX - 17.05.2011

Company losses and CGT toolkits

New toolkits. The Taxman is continuing to publish “toolkits” designed to help you fill in your tax return without errors. These pick on problems that crop up regularly with tax returns and offer solutions. On the whole they make a pretty good job of it. This time the Taxman has chosen to look at company losses and capital gains (see The next step).

Worth a look. If you find yourself stumped on how to work out a figure for losses or capital gains to declare on your company’s Corporation Tax return, these toolkits are a good place to start looking for an answer.

For a weblink to the Taxman’s toolkits, visit http://tax.indicator.co.uk(TX 11.16.09).

The Taxman has published new guides to filling in Corporation Tax returns where losses and capital gains are involved. They don’t give all the answers but are a good starting point.

© Indicator - FL Memo Ltd

Tel.: (01233) 653500 • Fax: (01233) 647100

subscriptions@indicator-flm.co.ukwww.indicator-flm.co.uk

Calgarth House, 39-41 Bank Street, Ashford, Kent TN23 1DQ

VAT GB 726 598 394 • Registered in England • Company Registration No. 3599719