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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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