CCH Corporation Tax
Leased Cars
This document outlines software functionalities for calculating tax adjustments on leased car rental payments, distinguishing between leases before and after April 2009. It details the process for entering relevant data such as CO2 emissions, rental costs, and vehicle information to derive allowable and disallowable amounts. The software facilitates adjustments for both primary and investment trades, and can manage multiple accounting periods by time-apportioning disallowable adjustments. Key areas for data input include Trading Income and Management Expenses sections in the Data Navigator.