This is a Tax worksheet and is not lodged with the return.
The fields to fully specify the utilisation rate are:
Date: Enter the Date from which this utilisation rate is effective.
Event: Click [F10] to open the list to make a selection from:
Transferred to new head company
Transferred to new head company – with group losses
Group acquired new loss bundles
Increase in market value of group
Total of available fractions greater than 1.
- Click Preparation > Schedule > Consolidated Losses Worksheet > New > Rates tab > New
Click Preparation > Schedule > Consolidated Losses Worksheet
Select the Transferor
Click Properties > Rates tab
Highlight the rate to be adjusted and click Properties.
Rate - Non-Foreign: - Press [F10] to use the Utilisation Rate Calculator or enter the rate as a number less than 1.000.
Rate - Foreign: If the joining entity is a Value Donor then the foreign rate is available for data entry. Press [F10] to use the Utilisation Rate Calculator or enter as a number less than 1.000.