PTP Summer 2021 release v21.2
Overview
Our PTP Suite Summer release version 21.2 includes all legislative updates to ensure your ongoing compliance.
PTP Accounts Production (v21.2.375)
Academies accounts direction 2020 to 2021
Updates to Academies, to accommodate the recently released Academies Accounts Direction 2020 to 2021 to support Academy Accounts to 31 August 2021.
Central services
We have added a new data screen to allow for the disclosure of Central Services within the notes to the financial statements, SOFA Items section.
Long-term commitments – operating leases
We have introduced new data screens to allow for additional disclosure requirements of Operating Leases, which are now required to be shown in a Long-Term Commitments note. This will allow the commitment to be split within one year, between one and five years and more than 5 years. There is also a new section to disclose other contractual commitments.
PTP Tax Platform (v21.2.127)
HMRC specials & exclusions
Updated to cater for the latest HMRC 2020/21 online filing Specials and Exclusions.
Updated forms
Latest 2020/21 versions of forms R185 included in this release.
HMRC data retrieval
The pre-populated API data retrieval from HMRC now includes SEISS details.
PTP CT Platform (v21.2.127)
2021 budget
Update to cater for the introduction of the 130% super-deduction and 50% special rate allowance for expenditure incurred on or after 1 April 2021.
Share loss relief
Program and corporation tax computation updated to cater for Share Loss Relief.
