Group

This section is designed to analyse information in the company computation that is relevant to its participation in the group and describes what goes in and out from an individual company to the group module computation.

You can use this sheet to review all the values that will be linked from the company calculation to the group module calculation. This sheet is always present in the calculation.

This sheet provides a summary of the data related to losses claimed or surrendered in the group module and pushed down to the individual company calculation.

This sheet provides a summary of the data related to carry forward losses claimed or surrendered in the group module and pushed down to the individual company calculation.

This sheet will calculate the total of group relief claimed by the company in each accounting period.

This sheet will calculate total of group relief on carried forward losses claimed by the company in each accounting period.

This sheet will calculate total of group relief surrendered by the company to the group in each accounting period.

This sheet will calculate total of group relief on carried forward loses surrendered by the company to the group in each accounting period.

If you need to include any additional companies within the group, whose computations have been completed elsewhere, you'll need to add non-OCT templates to the group module via the entity manager.  You can then manually enter the relevant values for each non-OCT company.  If you require access to this template, contact our support team.

This sheet is automated and displays figures that are linked to the group module from relevant parts of the company’s calculation. A separate column is inserted for each accounting period. Manual data entry is possible for elements relevant to the group module but not calculated elsewhere in the calculation.

This sheet has two row-insert sections. One for losses claimed by the company from other companies in the group, and the second for amounts of losses surrendered by the company to other companies in the group. Data is populated automatically from the group module and data is pushed down successfully.

This sheet has two row-insert sections. One for carry forward losses claimed by the company from other companies in the group, and the second for carry forward losses surrendered by the company to other companies in the group. Data is populated automatically from the group module provided the relevant group data is pushed down successfully.

This sheet is populated automatically using data pushed down from the group calculation and recorded on the

Losses (Group)

sheet. It will show all the information required to calculate and report group relief claimed by the company. This includes the name of the surrendering company, period information and amounts.

This sheet is populated automatically using data pushed down from the group calculation and recorded on the

Carry forward losses (Group)

sheet. It will show all the information required to calculate and report group relief on carry forward losses claimed by the company. This includes the name of the surrendering company, period information and amounts.

This sheet is populated automatically using data pushed down from the group calculation and recorded on the Losses (Group) sheet. It will show all information required to calculate and report amount of group relief surrendered by the company. This includes the name of the claimant company, period information and amounts

This sheet is populated automatically using data pushed down from the group calculation and recorded on the Carry forward losses (Group) sheet. It will show all information required to calculate and report amount of group relief on carried forward losses surrendered by the company. This includes the name of the claimant company, period information and amounts. A dedicated section is provided to reconcile and ensure that the amount of carry forward loss that is surrendered does not exceed the amount that is available to offset.

The calculated totals are linked to the main profit and gains computation and affect the

Profits chargeable to corporation tax

figure. They are also linked to the

Return information

and

CT600C

form for the corresponding accounting period. On the bottom of the sheet the

eFiling options

section provides checkboxes and controls corresponding to reported data. A dedicated section is provided to reconcile and ensure that amount of losses that are surrendered do not exceed the amount that is available to offset.