When submitting your CT600, if the type of company is 0, you must use an applicable tax rate from the following options: [FULL RATE OF CT], [SMALL CO RATE OF CT], [EQUIV. LOW CT RATE], [FULL RF RATE OF CT], [RF SMALL CO RATE OF CT], or [CT RATE FOR NI TRADING PROFITS]. This may apply to both the first and second financial year.
To address this error, you can select the checkbox "Box 329" on the CT600 main form by following these steps:
1. Navigate to Corporation Tax
2. Select Client Specific
3. Choose Tasks
4. Click on CT600 Returns
5. Edit Return
6. Go to the Main Form tab
7. Choose the first or second corporation period from the dropdown (as indicated by the error)
8. Proceed to Page 4: Tax calculation
9. Select the checkbox "Box 329"
By following these steps, you can resolve the error related to corporation tax submission and successfully submit your CT600. If you encounter any further issues or have additional questions, please do not hesitate to reach out to our customer support team for further assistance. We are here to help and ensure a smooth submission process for your corporation tax.