Accounting for a loss in a Ltd company fy

Or should I say what do I put for Corporation Tax.
In previous years I've made an accounting profit, but this year I've made a loss.
What happens to corporation tax? Is the net loss reduced down by an equivalent refund of CT?
Do I get a refund of CT? Do I put this down as a debtor in the accounts?
Reply to
Fredxx
Maybe, but with deadlines looming... However the CT600 seems to do all the calculations for you so now know the answer to my own question!!
Reply to
Fredxx
In article , Fredxx writes
I'm inclined to agree with Peter on the help required point but if you're determined, you 'carry back' the loss to the previous year. Searching on that term should help you get further. In a similar position I found a fair bit of useful information searching the accountingweb.com forums using site:accountingweb.com
Reply to
fred
wrote:
Interesting - I have always used an accountant for my Corp tax calcs even though I've done on-line filing myself for the past couple of years. The last one, for a year ending about 12 months ago, I did in November and I could no longer just send the accountant's pdf file but had to enter everything into the on-line system. It came up with the same figure which resulted in a refund which I duly received without any particular delay.
Reply to
AnthonyL

I had a loss carried back (using online filing)
HMRC had to be "reminded" to send me the cheque
tim
Reply to
tim....
wrote:
They always do!
I don't know about the HMRC online filing but the CT600 doesn't refer to losses carried back. I include it in the tax computations but I always have to request it by letter as well.
Reply to
Peter Saxton

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