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How do I offset current year trading losses against other profits or chargeable gains on a CT600?

Article ID: 917
Last updated: 20 Apr, 2023

To offset current year trading losses against other profits or chargeable gains on a CT600, follow these steps:

SimpleStep

  •  go to CT600 > Losses, Management expenses, NTLRDs and NTLIFAs > Trading Losses > Enter the amount in the box labelled Set against other profits or chargeable gains of this year.

HMRC Forms

  • HMRC Forms mode – go to CT600 > Computations > Trading Losses > Enter the amount in the box labelled Set against other profits or chargeable gains of this year.

Article ID: 917
Last updated: 20 Apr, 2023
Revision: 6
Views: 3109
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Also listed in
folder Tax Return Production -> CT600 Corporation Tax Return

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