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CCH Software User Documentation

Types of Trade

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This section describes which trade/business types are supported by CCH Corporation Tax.

Trade types

During the trade creation process, or later in the Tax Return completion process, it is possible to assign a different Trade Type to one or all of the trades in the open client file.

This is done within the Trading Income window.

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The default trade Type is "UK trade".

The arrow to the right of the trade type text will display a dropdown box containing all the trade/business types that are supported, as follows:

  • UK trade
  • UK property business
  • Foreign trade
  • Foreign property business
  • Creative Industry trade

The application is 'context sensitive' and will only provide users with screens appropriate to the chosen trade/business type.

Changing the trade/business type during the Tax Return completion process may cause some data to be lost due to the absence of certain context sensitive screens.

 

 

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