Carry forward

Sage Corporation Tax allows you to build a new period for your client from an existing period

You can build the new period from two places in the software:

On the Client dashboard, under Periods, select Add period.

From the main navigator, go to Periods, select Add.

This will create a 12 month period with a start date of the day immediately after the end the latest existing period for the company.

To amend the end date of the period, select Edit periods from the Client dashboard or Edit from Periods amend End date.

Examples of information carried forward to the new period include:

  • Trading losses
  • Property business losses
  • Details of fixed assets
  • Capital allowances tax written down values carried forward
  • Descriptions of income and expense accruals, such as loan relationships, charitable donations, investment income and loans to participators.
  • Descriptions of miscellaneous income and gains
  • Standing data, required for the CT600.