startCurrent Period memorandum
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Current Period memorandum

CCH Corporation Tax
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Loss UtilisationTax Computation

    This is a visual representation of how the company's PCTCT are impacted by the claiming of losses and other reliefs. You can hide this by selecting the Hide period memorandum. Click the Show period memorandum to reveal the window. This window also shows the company's upper and lower limits of Corporation Tax and the amount of profits that are charged at the company's marginal rate of Corporation Tax. Note This is read only and Data entry is not available. You can select the link Total profits (before CY reliefs) to go to the summary window to view the calculation of the company's corporation tax liability.

    Within The Loss Utilisation statement, The Current Period Memorandum displays the company's Total profits (before current year reliefs are impacted by the claiming of losses and other reliefs. 

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    The section can be hidden by selecting Hide period memorandum.

    Click the Show period memorandum to re-display the section.

    The Deductions Allowance hyperlink will navigate to the Bfwd 31st March 2017 Loss Utilisation statement.

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