Intangible fixed assets losses
Use Losses this period to identify those amounts of Intangible fixed assets losses which are to be either relieved in the current period or group relieved.
To enter losses in Group relief surrendered, there must be at least one associated company (or one 51% group company during periods between 1 April 2015 and 31 March 2023) excluding this company at Return information.
Use Losses b/f to enter any Intangible fixed asset losses arising in an earlier period and brought forward to the current period. If you have entered details of the company’s previous period in Sage Corporation Tax, the figure of loss will automatically be brought forward. You will only need to manually enter this figure for those companies for which you have not previously used Sage Corporation Tax.
Use this tab to identify any losses:
- b/f, treated as non-trading debit
- surrendered as group relief
- extinguished on cessation
You must also analyse the Subtotal at Losses brought forward and Total Loss c/f at Losses carried forward between those arising before 1 April 2017 and those arising after 31 March 2017.
To enter losses in Group relief surrendered, there must be at least one associated company (or one 51% group company during periods between 1 April 2015 and 31 March 2023) excluding this company entered at Return information.
How do I get here?
Assets > Intangible fixed assets > Losses
