CT600 Computation Generation
Describe your client's situation and TaxStats AI generates a formatted corporation tax computation following the CT600 structure. Includes adjustments to trading profits, capital allowances, losses, and the final tax liability — with box references and supporting schedules.
Capital Allowances Expertise
Annual Investment Allowance, Writing Down Allowances, Structures and Buildings Allowance, First Year Allowances, and the Full Expensing regime — TaxStats AI knows the rates, thresholds, and qualifying criteria. Ask it to calculate the optimal capital allowance claim for any combination of assets.
R&D Tax Credits
Navigate the complexities of R&D tax relief — the merged RDEC scheme, qualifying expenditure, subsidised expenditure rules, and the notification process. TaxStats AI helps you assess whether activities qualify, calculate the relief, and draft the supporting technical narrative.
Loss Relief & Group Structures
Carry back, carry forward, group relief, consortium relief — TaxStats AI understands the interaction between different loss relief provisions and can help you model the optimal strategy. It also handles associated company rules, close company issues, and marginal rate calculations.
Key Features
- ✓ CT600-style computation generation
- ✓ Capital allowances calculations (AIA, WDA, FYA, SBA)
- ✓ R&D tax credit assessment and calculations
- ✓ Loss relief modelling (carry back, carry forward, group)
- ✓ Associated company rules and marginal rates
- ✓ Close company implications (s.455 loans)
- ✓ Intangible fixed assets regime
- ✓ Transfer pricing considerations
- ✓ Quarterly instalment payment calculations
- ✓ HMRC Corporation Tax manual references