To complete a CT600 for a property company, follow these steps:

1. Open the client in Practice Manager.
2. Go to Company Information.
3. Tick Company is a Property Business (formerly schedule A taxation).
4. Create or open the CT600.
5. Go to Company Type (SimpleStep mode) or Information (HMRC Forms mode).
6. Tick the box labelled Should the company be taxed as a Property Business (formerly Schedule A)?.
7. Open the Tax Adjusted Profit/(Loss) worksheet.
8. Enter the information to appear on the computations – such as profit, disallowable expenses, wear and tear.
9. Complete Capital Allowances and a Property Losses Record (if applicable).
10. Select View iXBRL Tax Computation from the left-hand menu to preview the computations.