Quickfile is a brilliant, all round, very affordable, bookkeeping and accounts software package. It can produce all the necessary reports to compile a simple profit & loss, balance sheet etc. and as an accountant, I use it as the basis (for many of our clients) to export a final trial balance. It does not (and should not) be used to produce a CT600. Clients with £ millions of turnover, should have an accountant, as corporation tax is extremely complex and very easy to get wrong and make costly mistakes. Specialist software is available to handle lots of the various scenarios that occur in many day to day companies. and produce a CT600. Unless the companies themselves are familiar with capital allowances rules, research & development, directors’ loan accounts, beneficial loan interest, associated companies, “associates” - to name just a few areas, then a Quickfile CT600 is not the answer…but a stepping stone to produce the necessary data to pass onto someone with the correct knowledge and experience.
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