Corporation Tax Plus

Digita Corporation Tax Plus includes all of the functionality of Digita Corporation Tax and adds to this by providing support for groups and an integrated Deferred Tax module which can be used to calculate the amounts required for provision under FRS19.

The group relief feature allows the linking of companies within a group so that the allocation of losses can be performed in one place. Each company in the group is automatically updated and the CT600C is completed with all relevant details. This will reduce the time required for this particular exercise dramatically.

The Deferred Tax feature uses the information already entered in Digita Corporation Tax, together with additional information entered specifically relating to the calculation of the provision.

Accelerated capital allowances are automatically calculated from data entered in the capital allowances and fixed asset reconciliation, rolls forward balances, deals with both balance sheet and profit and loss calculations and provides a proof of tax reconciliation report.