The Consolidation Group Profiling options are only available for Company returns. This menu option is not available for Individual or Fund returns.
To access the Consolidation Profile from within a Company return, click Preparation > Consolidation Profile.
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Consolidation profile screen |
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Details recorded |
This screen provides for you to record organisations that are subsidiaries of the consolidated group but for whom you do not prepare a tax return. When an organisation leaves the group type in the Date Left and select Add to History. |
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Head company |
When you select the Head Company radio button on this screen nominate that you are entering details for a head company then the CGM function becomes active and you can access the Consolidated Group Membership Register. If a company is head of a Consolidation Group this must be indicated in Form C Item 3, Status of Company. |
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Partnerships and Trusts |
Where a Partnership or a Trust is a subsidiary of a consolidated group this is indicated in Item 2 of the relevant return. |
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Previous Head Companies |
The details of companies that were the Head Company of the consolidated group previously are recorded on this screen. |