Companies where only Interest Received is to be taxed
Article ID
ias-10387
Article Name
Companies where only Interest Received is to be taxed
Created Date
5th April 2012
Product
IRIS Business Tax
Problem
How to suppress profits from the trade on the Corporation Tax computation so that only interest received is to be taxed?
Resolution
1. Log on to IRIS Business Tax and select the client
2. Edit | Corporation Tax Computation Options | Suppress Profits from Trade (tick box)
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