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How do I complete a CT600 for a property company? (Practice users)

To complete a CT600 for a property company, follow these steps:

  1. Open the client in Practice Manager.
  2. Go to Company Information.
  3. Tick Company is a Property Business (formerly schedule A taxation).

  1. Create or open the CT600.
  2. Go to Company Type (SimpleStep mode) or Information (HMRC Forms mode).
  3. Tick the box labelled Should the company be taxed as a Property Business (formerly Schedule A)?

  1. Open the Tax Adjusted Profit/(Loss) worksheet.
  2. Enter the information to appear on the computations – such as profit, disallowable expenses, wear and tear or import the data from Accounts Production (if applicable)
  3. Complete Capital Allowances and a Property Losses Record (if applicable).

  1. Select View iXBRL Tax Computation from the left-hand menu to preview the computations.
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