Business Tax- AP code 114 Franked Investment not showing in box 620 on CT600?
Article ID
business-tax-ap-code-114-franked-investment-not-showing-in-box-620-on-ct600
Article Name
Business Tax- AP code 114 Franked Investment not showing in box 620 on CT600?
Created Date
18th August 2022
Product
Problem
IRIS Business Tax: AP code 114 Franked Investment not showing in box 620 on CT600?
Resolution
The amount in box 620 of the CT600 is derived from the Franked Investment Income accounts in Accounts Production (code 114).
HMRC rule states you can only claim the entry in box 620 IF the company is making at least £1 profit or more.
If its a loss or 0 profit – it wont show on box 620.
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