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DTR Calculations

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See Also

ACT and shadow ACT capacity (carry back schedule) | DTR relief calculations | Tax rates


Select from the following headings:

Background | Developing the schedule | Completing the Schedule | Standard Sub-Schedules | Carry Forward | Related Errors


Background

The software handles double tax relief calculations with a variety of schedules, each relating to a different source of foreign income. The user can develop an appropriate set of schedules for the types of foreign income relavant to the company.

This schedule links these schedules to perform double tax calculations. It is a working paper and will be omitted from final printouts.

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Developing the schedule

The schedule is developed automatically when a period is created.

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Completing the schedule

It is not necessary to enter data directly into this schedule. The schedule picks up information from other foreign income schedules.

If the company wishes to receive relief for double tax relief by way of expense, rather than relief against UK tax, the flag labelled Expense Foreign Tax For All Sources should be set to Yes.

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Standard sub-schedules

This schedule has no standard sub-schedules.

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Carry forward

On carry forward, this schedule is automatically developed in the subsequent computation.

 

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Related errors

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