Release of corporation tax returns
Revenue has released the following forms for the 2016 and 2017 tax years:
- Form CT1 for accounting periods ending in 2017
- Revised Form CT1 for accounting periods ending in 2016
- Form 46G (Company) for accounting periods ending in 2017
- 46G Return tool for 2016 and 2017
Along with the returns, the Tax and Duty manual has been updated to include details of the main changes to the forms. The main changes to the 2017 CT1 return include a new section for including details on section 110 qualifying companies, a new box to allow companies claim a loss in respect of qualifying assets as part of the knowledge development box regime and also a box to enable companies claim loss on a value basis in respect of qualifying assets under section 396B TCA 1997. Similar changes in relation to loss relief are made to the 2016 CT1.
Further details are provided in Revenue eBrief No. 39/17.