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Ask Your Own Question, Chartered Certified Accountant
Category: UK Tax
Satisfied Customers: 4674
Experience:  FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
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On our CT600 we are unable to calculate the correct amount

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On our CT600 we are unable to calculate the correct amount for Box AC215 - Opening Balance on the P&L Statutory Notes and get errors for Boxes AC218/AC187 as a result.
How do we calculate the correct amount?

Hello, if you have any questions or need further clarification after reading my answer please let me know.


Thank you for your question...


Please advise if it is your second or subsequent year of operation?

If so, did you file CT600 last year..

Assuming the answer to both is yes... then lets say this year is 2013, last year is 2012 and the one before that is 2011.


I wish to know what you have stated in Profit and loss account Box AC74/AC75 for year 2012 and 2011


Many thanks

Customer: replied 3 years ago.



This is our third year submitting a CT600 - all the figures from the three years are below -


2012 (the one we are trying to complete)

AC74: 3,923.00 AC75: -34.00(minus)


2011 (last year)

AC74: -34.00(minus) AC75: -1,108.00(minus)


2010 (1st year trading)

AC74: -1,108(minus)


many thanks

Thank you for your reply and additional information


CAPITAL AND RESERVESBox No.This yearBox No.Last year
profit and loss accountAC743,923AC75-34



STATUTORY ACCOUNTS NOTESBox No.This yearBox No.Last year
profit and loss - opening balanceac184-34ac215-1,108
profit for the periodac1853,957ac2161,074
equity dividends paidac1860ac2170
retained profitac1873,923ac218-34



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