Proof of Tax Charge
The rate of tax charged on the corporation tax profits is calculated based upon the average rate for the period. Enter a rate in the Tax charge on profits at CT rate override box to use an alternative rate in the calculation.
This is where the tax charge is reconciled. The difference to explain in the Actual charge section should reconcile to the Total shown in the Proof of Tax Summary section.
All entries are derived from other data entry areas within CCH Corporation Tax. Each item is a hyperlink which will navigate to the source of information.
To see an analysis of certain values select the icon