Skip to main content

Access Tax - Prefill the decline in value of depreciating assets in Access Tax

Updated this week

In Tax, in a Company tax return (C Form), for the depreciation deduction to prefill from Item 6X to Item 7F, the company cannot be marked as a Small Business Entity at Item 3, Label F1.
​
The deduction for decline in value of depreciating assets may differ for small business entities, therefore, if Item 3, Label F1 has been completed, a manual entry at Item 7F is required.

Did this answer your question?