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Roma


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Companies income only dividends from owned company -CT600
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Hi,

I am trying to complete a CT600 for a company which only income trough financial year is a dividend from a 50% owned company.

I cannot figure out where the income should be shown on the CT600. Can it be showed as a franked income? It is shown as other income on the P&L of the statutory accounts.

I also cannot find where I would deduct from the dividend income per the statutory accounts to get a nil taxable profit.


Appreciate for your answers. 



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matt123


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You can't create a nil taxable pr

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Matthew
matt123


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You can't create a nil taxable profit using dividends because dividends are calculated from post tax profits.

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Matthew
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