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P2 schedule - Application for simplified arrangements

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See Also

Non Abacus company | O schedule - Group members | P schedule - Simplified arrangements group statement


Select from the following headings:

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


Background

The schedule lists all the companies where the selector flag, Within Simplified Arrangements has been set to Yes on the O schedule (Group members).

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Developing the schedule

The schedule is the application to be within simplified arrangements and is developed from the Group arrangements declaration.

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Completing the schedule

The schedule contains the following information:

Unique taxpayer reference

This is the reference number from the O schedule (Group members) or Non Abacus company schedule depending on whether the company computation was prepared using the software.

Tax district

The tax district reference number will be automatically brought through from the O schedule (Group members) or Non Abacus company schedule.

Group details/Consortium %

The type of group member or consortium percentage will be automatically brought through from the O schedule (Group members) or Non Abacus company schedule.

Name, signature and date

A name signature and date should also be included to verify the information for each company.

Authorised company

The Authorised company for the provisions of the simplified group relief should be entered in this cell.

The declaration

This consists of three paragraphs which specify:-

The optional paragraphs have a flag which determines whether the statement is printed or suppressed in final.

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Standard sub-schedules

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Carry forward

 

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Related errors

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