Provisions

This sheet is designed to analyse the tax treatment in respect of the various provisions within the computation.

Where you have identified amounts you want to be treated as

Provisions

within the

Income statement

, you should analyse these from the

Expense and income analysis

or

Management expense analysis

sheet in which they arose. Select

Provisions

from the

Analysed as

dropdown list on the row, and develop the

Provisions

sheet by selecting

Insert Sheet

from the

Insert

menu. An error will show on the sheet until this has been developed.

In the

Provisions

sheet, add rows for each item provision you want to analyse. You should then choose the type of provision you are analysing. The type of provision you are analysing defaults to

Deductible when paid

. If another category is more appropriate, select the category from the list. Any amounts brought forward, together with current year movements, are then adjusted depending on their individual tax treatment. If more than one business was added, the

Business

dropdown list lets you allocate expenditure to the relevant business.