UK tax forms

Investment business

Overview

This section is designed to analyse tax relevant information attributable to an investment business.
Investment business
The purpose of this sheet is to accumulate allowable management expenses and the capital allowances and balancing charges in respect of the investment business for each accounting period. This sheet is optional.
Management expenses
This sheet is used to analyse excess management expenses that can be attributed to the Investment business. This is inserted automatically with each Investment business sheet.

Completing the Sheets

Investment business
This sheet automatically calculates management expenses based on figures analysed from the
Income statement
 and or
Management expenses analysis
 sheets. Details of tax adjustments relevant to the Investment business are linked from other parts of the computation automatically. A column is inserted for each accounting period created by the user. Figures are automatically apportioned between accounting periods based on business days.
Management expenses
This sheet is used to analyse the utilisation of the management expenses related to the investment business. The sheet analyses the position from brought forward to carried forward excess management expenses. A series of columns will be inserted for each accounting period created by the user.

This article applies to:

  • PRODUCT: ONESOURCE Corporate Tax

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