Form CT1 Pay and File Corporation Tax Return 2011 (for accounting periods ending in 2011)

Transcription

1 Remember to quote this number in all correspondence or when calling at the company s Revenue office Form CT1 Pay and File Corporation Tax Return 2011 (for accounting periods ending in 2011) Revenue On-Line Service (ROS) allows you to meet the company s Pay and File obligations electronically Access ROS at wwwrevenueie Return Address Office of the Revenue Commissioners Collector-General s Division PO Box 354 Limerick This tax return should be completed and returned to the Return Address shown within 9 months after the end of the accounting period or by the 21st day of the ninth month if earlier RETURN OF PROFITS CHARGEABLE GAINS CHARGEABLE ASSETS ACQUIRED AND OTHER PARTICULARS FOR THE ACCOUNTING PERIOD INDICATED HEREUNDER State Company Accounting Period (DDMMYYYY) From To Explanatory Notes on completion of Form CT are available on Revenue s website wwwrevenueie Civil PenaltiesCriminal Prosecution - Tax law provides for both civil penalties and criminal sanctions for the failure to make a return the making of a false return facilitating the making of a false return or claiming allowances or reliefs which are not due In the event of a criminal prosecution a person convicted on indictment of an offence may be liable to a fine not exceeding andor to a fine of up to double the difference between the declared tax due and the tax ultimately found to be due andor to imprisonment If there are changes under the following headings not already notified to Revenue enter the new details below: Nature of Trade Business or Activity Business Address Registered Office Address Telephone Telephone Note that a change to the Registered Office Address must also be notified to the Companies Registration Office on Form B2 available at wwwcroie YOU MUST SIGN THIS DECLARATION I DECLARE that to the best of my knowledge and belief this return is correct and complete Signature Date (DDMMYYYY) Capacity of Signatory Contact Details (in case of query about this return) Agent s TAIN Client s Ref PAGE 1 Contact Name Telephone or RPC001935_EN_WB_L_1

2 Legislative references in Form CT1 relate to Sections of the Taxes Consolidation Act 1997 unless otherwise stated 1 - COMPANY DETAILS 11 If the company is trading in the State through a Branch or Agency tick R the box 12 If the company ceased trading in this accounting period state date of cessation (DDMMYYYY) Close Companies only: Shareholders and other Participators - in the case of close companies state: 13 Details of the beneficial ownership of the issued shares and loan stock (including debentures) during the accounting period Name Irish Tax Ref No Holding of Shares etc % of Shares % of Loan Stock Address Name Irish Tax Ref No Address Name Irish Tax Ref No Address Name Irish Tax Ref No Address 14 Details of all other persons who were participators in the company at any time during the accounting period Name Address Irish Tax Ref No Name Address Irish Tax Ref No Name Address Irish Tax Ref No Name Address Irish Tax Ref No PAGE 2

3 Associated Companies 15 State the number of Associated Companies 16 In the case of a Company which has Associated Companies give the following details: Name of associated company Irish Tax Ref No Shareholders and their % shareholding Name Irish Tax Ref No Shares % Name of associated company Name Name of associated company Name Irish Tax Ref No Irish Tax Ref No Shareholders and their % shareholding Irish Tax Ref No Shares % Shareholders and their % shareholding Irish Tax Ref No Shares % Purchase of own shares by a quoted company (Sec 175) 17 (a) Total value of payments made on the redemption repayment or purchase of the company s own shares in this accounting period (b) Total value of all payments referred to at Line 17(a) which are to be treated as not being a distribution by virtue of Sec 175(1) Purchase of own shares by an unquoted company (Sec 176) 18 (a) Total value of payments made on the redemption repayment or purchase of the company s own shares in this accounting period (b) Total value of all payments referred to at Line 18(a) which are to be treated as not being a distribution by virtue of Sec 176(1) PAGE 3

4 Groups 19 If the company is a member of a group for Irish tax purposes state: Name of Parent Irish Tax Ref No or Country of Residence of Parent 110 In the case of a company which has subsidiaries state the Irish tax reference number of each subsidiary OR if a foreign company state the name and country of residence of each subsidiary Irish Tax Ref No Irish Tax Ref No Irish Tax Ref No Name of Subsidiary Country of Residence Group Relief Only complete this panel if each company has all the qualifications for entitlement as set out in Sec inclusive 111 Surrender of Losses etc Name of company to which loss surrendered Irish Tax Ref No Nature of Relief* Amount Surrendered 112 Claim to Losses etc Name of company from which loss claimed Irish Tax Ref No Nature of Relief* Amount Claimed * State whether surrender of Losses Capital Allowances Management Expenses Charges Research and Development Expenditure PAGE 4

5 Amendment to Prior Accounting Period If an adjustment is required to an assessment for a prior accounting period in respect of: 113 Repayment of Directors Loans state (a) Accounting Period originally assessed Accounting Period ended (b) Amount of loan repaid (c) Amount of refund due 114 Claim for relief under Sec 396A(3) (carry-back of losses) State amount of loss (restricted by Sec 1085 where necessary) to be set back 115 Excess Research & Development Credit arising in this accounting period to be offset under Sec 766(4A)(a) 116 Excess Research & Development Credit arising in this accounting period to be offset under Sec 766A(4A)(a) Expression of Doubt 117 If you have a genuine doubt about any item in the return tick R the box and enclose a letter setting out clearly the point at issue Current and Loan Account of Directors and Participators Where a Close Company has made a loan to a participator or an associate of a participator give the following information: DirectorParticipator (1) DirectorParticipator (2) 118 Name of Director or Participator (DDMMYYYY) 119 PPS Number 120 Opening Balance - Debit 121 Opening Balance - Credit 122 Debits Advances 123 Credits Repayments 124 Closing Balance - Debit 125 Closing Balance - Credit 126 Name of Director or Participator DirectorParticipator (3) DirectorParticipator (4) 127 PPS Number 128 Opening Balance - Debit 129 Opening Balance - Credit 130 Debits Advances 131 Credits Repayments 132 Closing Balance - Debit 133 Closing Balance - Credit PAGE 5

6 Return of Directors Emoluments Benefits etc This Panel is set out on pages 6 and 7 entries should be made on both pages where relevant (DDMMYYYY) (DDMMYYYY) 134 Accounting Period From To 135 Director s Name 136 Director s PPS No 137 Director s salary fees and other remuneration 138 Expenses payments made to Director 139 Amount paid to other persons to defray expenses incurred by Director 140 Value of Assets transferred to Director 141 Value of Assets provided for Director s use 142 Value of other benefits or facilities for Director s use PAGE 6

7 Return of Directors Emoluments Benefits etc This Panel is set out on pages 6 and 7 entries should be made on both pages where relevant (DDMMYYYY) (DDMMYYYY) 134 Accounting Period From To 135 Director s Name 136 Director s PPS No 137 Director s salary fees and other remuneration 138 Expenses payments made to Director 139 Amount paid to other persons to defray expenses incurred by Director 140 Value of Assets transferred to Director 141 Value of Assets provided for Director s use 142 Value of other benefits or facilities for Director s use PAGE 7

8 2 - TRADING RESULTS Apportion profit between manufacturing and non-manufacturing where the company is engaged in both activities Trade Profits at 125% (Non-Manufacturing Trade Profits (and Manufacturing Trade Profits where the company commenced trading on or after 23 July 1998)) Excluding manufacturing companies which entered into a grant agreement with an industrial development agency (as defined) before 31 July 1998 but did not commence trading until after that date 21 (a) Profits before Capital Allowances (where a loss occurs show 000) (b) If any of the profits entered at Line 21(a) are Stallion profits from trade of farming (c) If any of the profits entered at Line 21(a) refer to Greyhound Stud Fees from trade of farming 22 Balancing Charges Capital Allowances 23 Where a claim to tax relief on property based incentive schemes is included below tick R the box and give details in Panel 17 of this return 24 (a) Machinery and Plant (including motor vehicles and specified intangible assets) (b) If any amount at Line 24(a) refers to energy-efficient equipment (Sec 285A) (c) If any amount at Line 24(a) refers to computer software in respect of which an election is being made under Sec 291(4)(a) (d) If any amount at Line 24(a) refers to capital allowances for specified intangible assets (Sec 291A) complete the following entries: (i) If the company is making an election under Sec 291(4)(a) tick R the box (ii) If the company is making an election under Sec 291A(4) tick R the box (iii) Amount of capital allowances claimed under Sec 291A(3) for this accounting period (Accounts-based allowance) (iv) Amount of capital allowances claimed for this accounting period for which an election has been made under Sec 291A(4) (Fixed rate allowance) (v) Amount of interest claimed as a trade deduction for this accounting period in respect of the provision of specified intangible assets (vi) Amount of interest claimed as a charge on income under Sec 247(4B) for this accounting period in respect of the provision of specified intangible assets (vii) If a joint election is being made under Sec 615(4)(a) in respect of a specified intangible asset tick R the box and indicate: (I) whether the company is transferring or acquiring the asset (II) the tax reference number and name of the other company Transferring Acquiring (viii) If a joint election is being made under Sec 617(4) in respect of a specified intangible asset tick R the box and indicate: (I) whether the company is transferring or acquiring the asset (II) the tax reference number and name of the other company Transferring Acquiring PAGE 8

9 25 Industrial Buildings 26 (a) Other capital allowances (including patent rights) and relief for know-how under Sec 768 (b) If any amount at Line 26(a) refers to patent rights or know-how complete the following entries: (i) Amount of expenditure on patent rights in this accounting period for which the company is making an election under Sec 755(4)(a) (ii) Amount of capital allowances claimed under Sec 755(1) for this accounting period in respect of the purchase of patent rights (iii) Amount of expenditure on know-how in this accounting period for which the company is making an election under Sec 768(8) (iv) Amount of allowance claimed under Sec 768(2) for this accounting period in respect of expenditure on know-how 27 (a) Total Trading Losses Forward (from earlier accounting period(s)) (b) Balance of amount at Line 27(a) not used in this accounting period available for carry forward to succeeding accounting periods 28 Total Losses appropriate to this trade before Capital Allowances in this accounting period 29 Charges (Enter non-trade charges in Panel 9 at Lines 93 or 94 as appropriate) 210 Group Relief (a) Total Group Relief claimed (b) If any amount at Line 210(a) refers to Excess Capital Allowances (c) If any amount at Line 210(a) refers to Excess Trade Charges PAGE 9

10 Trade Profits (Manufacturing Trade Profits where the company commenced trading before 23 July 1998) Including manufacturing companies which entered into a grant agreement with an industrial development agency (as defined) before 31 July 1998 but did not commence trading until after that date The full amount of manufacturing profits capital allowances losses charges and group relief for the entire period should be entered at the relevant field(s) and any apportionment required under Sec 442(2) will be calculated automatically 211 Profits before Capital Allowances (where a loss occurs show 000) 212 Balancing Charges Capital Allowances 213 Where a claim to tax relief on property based incentive schemes is included below tick R the box and give details in Panel 17 of this return 214 (a) Machinery and Plant (including motor vehicles and specified intangible assets) (b) If any amount at Line 214(a) refers to energy-efficient equipment (Sec 285A) (c) If any amount at Line 214(a) refers to computer software in respect of which an election is being made under Sec 291(4)(a) (d) If any amount at Line 214(a) refers to capital allowances for specified intangible assets (Sec 291A) complete the following entries: (i) If the company is making an election under Sec 291(4)(a) tick R the box (ii) If the company is making an election under Sec 291A(4) tick R the box (iii) Amount of capital allowances claimed under Sec 291A(3) for this accounting period (Accounts-based allowance) (iv) Amount of capital allowances claimed for this accounting period for which an election has been made under Sec 291A(4) (Fixed rate allowance) (v) Amount of interest claimed as a trade deduction for this accounting period in respect of the provision of specified intangible assets (vi) Amount of interest claimed as a charge on income under Sec 247(4B) for this accounting period in respect of the provision of specified intangible assets (vii) If a joint election is being made under Sec 615(4)(a) in respect of a specified intangible asset tick R the box and indicate: (I) whether the company is transferring or acquiring the asset (II) the tax reference number and name of the other company Transferring Acquiring (viii) If a joint election is being made under Sec 617(4) in respect of a specified intangible asset tick R the box and indicate: (I) whether the company is transferring or acquiring the asset (II) the tax reference number and name of the other company Transferring Acquiring PAGE 10

11 215 Industrial Buildings 216 (a) Other capital allowances (including patent rights) and relief for know-how under Sec 768 (b) If any amount at Line 216(a) refers to patent rights or know-how complete the following entries: (i) Amount of expenditure on patent rights in this accounting period for which the company is making an election under Sec 755(4)(a) (ii) Amount of capital allowances claimed under Sec 755(1) for this accounting period in respect of the purchase of patent rights (iii) Amount of expenditure on know-how in this accounting period for which the company is making an election under Sec 768(8) (iv) Amount of allowance claimed under Sec 768(2) for this accounting period in respect of expenditure on know-how 217 (a) Total Trading Losses Forward (from earlier accounting period(s)) (b) Balance of amount at Line 217(a) not used in this accounting period available for carry forward to succeeding accounting periods 218 Total Losses appropriate to this trade before Capital Allowances in this accounting period 219 Charges (Enter non-trade charges in Panel 9 at Lines 93 or 94 as appropriate) 220 Group Relief (a) Total Group Relief claimed (b) If any amount at Line 220(a) refers to Excess Capital Allowances (c) If any amount at Line 220(a) refers to Excess Trade Charges Manufacturing relief will be calculated automatically and shown as a credit on the notice of assessment PAGE 11

12 PAGE 12 Excepted Trade Profits (Sec 21A) at 25% 221 Profits (Net after related Losses Charges Group Relief Capital Allowances and Balancing Charges (these deductions should not be entered in any other panel of this return)) (where a loss occurs show 000) 222 (a) Total Trading Losses Forward (from earlier accounting period(s)) (Losses on the sale of Residential Development Land prior to should be reduced by 20% (Sec 644C(2)) (b) Balance of amount at Line 222(a) not used in this accounting period available for carry forward to succeeding accounting periods 223 Total Losses appropriate to this trade in this accounting period Qualifying Shipping Activities at 125% 224 Profits before Capital Allowances (where a loss occurs show 000) 225 Balancing Charges 226 Capital Allowances Specified Capital Allowances 227 (a) Machinery and Plant (including motor vehicles) (b) If any amount at Line 227(a) refers to energy-efficient equipment (Sec 285A) 228 Industrial Buildings 229 Other 230 (a) Total Trading Losses Forward (from earlier accounting period(s)) 00 (b) Balance of amount at Line 230(a) not used in this accounting period available 00 for carry forward to succeeding accounting periods 231 Charges (Enter non-trade charges in Panel 9 at Lines 93 or 94 as appropriate) 232 Group Relief (a) Total Group Relief claimed (b) If any amount at Line 232(a) refers to Excess Capital Allowances (c) If any amount at Line 232(a) refers to Excess Shipping Charges Tonnage Tax 233 If the company or group of companies is party to a Tonnage Tax election under Sec 697D tick R the box 234 Tonnage Tax Profits Form CT1 Supplement - Tonnage Tax Profits should be downloaded from Revenue s website wwwrevenueie for completion and should accompany this return Election under Sec 80A 235 If you are making an election under Sec 80A in respect of the taxation of certain short-term leases of plant and machinery tick R the box Claims under Sec 847A and Sec 848A 236 I confirm a deduction* has been made in this accounting period of this amount in respect of Donations to Approved Sports Bodies and claim relief under Sec 847A 237 I confirm a deduction* has been made in this accounting period of this amount in respect of Donations to Approved Charities and claim relief under Sec 848A 238 I confirm a deduction* has been made in this accounting period of this amount in respect of Donations to Other Approved Bodies and claim relief under Sec 848A *The relevant deduction should have already been made in arriving at the taxable income figure in Panel 2 or the management expenses figure in Panel 9

13 EXTRACTS FROM ACCOUNTS (DDMMYYYY) (DDMMYYYY) 239 Accounts Period (AP) - if it differs to AP on page 1 From To Extracts From Accounts must be completed in all cases except where Line 240 applies 240 If you have previously submitted accounts information relating to this AP (DDMMYYYY) state the return with which the accounts were submitted Return for AP ended Income 241 SalesReceiptsTurnover 242 Receipts from Government Agencies - GMS etc 243 Other Income 244 Trading Account Items Purchases 245 Gross Trading Profits Expenses and Deductions 246 SalariesWages Staff costs 247 Directors remuneration including fees bonuses etc 248 Sub-contractors 249 Consultancy Professional fees 250 Motor Travel and Subsistence 251 RepairsRenewals 252 Interest Payable 253 Depreciation GoodwillCapital Write-off 254 (a) Provisions including Bad Debts - positive (b) If negative state amount here 255 Other expenses (Total) Balance Sheet and Capital and Reserve Items 256 (a) Balance of Directors current and loan accounts - positive (b) If negative state amount here 257 Stock Work in Progress Finished goods 258 Debtors and Prepayments 259 Cash on handbank - Debit 260 BankLoansOverdraft - Credit 261 Creditors and Accruals 262 Client Account Balances - Debit 263 Client Account Balances - Credit 264 Tax Creditors 265 (a) Shareholders Funds - positive (b) If negative state amount here PAGE 13

14 Extracts from Adjusted Net ProfitLoss Computation ProfitLoss per Accounts 266 Profit on ordinary activities before taxation 267 Loss on ordinary activities before taxation Adjustments made to ProfitLoss per Accounts 268 Subscriptions and Donations 269 Entertainment Expenses 270 Disallowable Legal and Professional Expenses 271 Sec 130 Loan Interest 272 Light Heat and Phone 273 Net gain on sale of fixedchargeable assets 274 Net loss on sale of fixedchargeable assets Notes to the Accounts Tick R appropriate box(es) below and give additional information if appropriate in the space provided at Additional Notes Modified Auditors Report 275 Emphasis of Matter 276 Qualified Opinion 277 Disclaimed Opinion 278 Adverse Opinion Change of Accounting Policies 279 Depreciation of fixed assets 280 Stocks and work in progress 281 Property Development transactions 282 Other Prior Year Adjustments 283 Indicate if there are prior year adjustments arising from changes in accounting policies or from correction of fundamental errors Change in Nature of Company sbusiness Activities 284 Indicate if there was a change in the nature of the company sbusiness activities during the accounting period Exceptional Items arising during the year 285 Indicate if exceptional items as defined in the Financial Reporting Standards occurred during the year 286 Additional Notes - if you wish to expand on any item listed at Lines above use this notes panel PAGE 14

15 3 - RENTAL INCOME FROM LAND AND PROPERTY IN THE STATE 31 Where the registration requirements of Part 7 of the Residential Tenancies Act 2004 have been complied with in respect of all tenancies which existed in relation to residential premises in the accounting period tick R the box 32 Rental Income (include Sec 23 Relief clawback if any) 33 Balancing Charges 34 (a) Total Losses carried forward from preceding accounting periods (b) Balance of amount at Line 34(a) not used in this accounting period available for carry forward to succeeding accounting periods Rental Capital Allowances 35 Where a claim to tax relief on property based incentive schemes is included in this panel (Panel 3) tick R the box and give details in Panel 17 of this return 36 Capital Allowances which are allowable against Rental Income only (including Capital Allowances carried forward) 37 Other Rental Capital Allowances 38 Total Capital Allowances for offset against Rental Income Excess Rental Capital Allowances for offset against other income 39 If you wish to elect to offset Excess Capital Allowances from this accounting period at Line 37 above against other income in this accounting period (Sec 308(4)) enter the relevant amount 310 Group Relief claimed in respect of Excess Capital Allowances for offset against other income in this accounting period 311 Total Excess Capital Allowances for offset against other income in this accounting period 4 - IRISH INVESTMENT INCOME AND OTHER IRISH INCOME Interest arising in the State 41 Gross Interest received or credited (under deduction of Irish tax)* 42 Gross Interest received or credited (without deduction of Irish tax) 00 Other Irish Income 43 (a) Patent Royalty Income received on or after under deduction of Irish tax* 00 (b) Other Income received under deduction of Irish tax* 44 Other Income received (a) Other Income received without deduction of Irish tax (i) If any of the income at Line 44(a) refers to non-farming trade Stallion profits (ii) If any of the income at Line 44(a) refers to non-farming trade Greyhound Stud fees (iii) Amount of Losses for carry forward against future non-farming trade Stallion profits (iv) Amount of Losses for carry forward against future non-farming trade Greyhound Stud fees (b) Investment Undertakings (Sec 739G(2A)) (i) Gain on deemed disposal taxable at 28% (Sec 739E(1)(b)) (ii) Gain on deemed disposal taxable at 30% (Sec 739E(1)(b)) (iii) Name & Address of the Investment Undertaking (Sec 739E(2A)(b)) *Where credit is due ensure that the appropriate credit is entered in Panel 9 at Line 915 PAGE 15

16 4 - IRISH INVESTMENT INCOME AND OTHER IRISH INCOME (contd) Clawback in respect of Research & Development activities 45 (a) Amount taxable Case IV Sch D (Sec 766(7C)(b) or Sec 766(7C)(c)) (b) Amount taxable Case IV Sch D (Sec 766A(3)(c)(ii)) Distributions received from companies resident in the State 46 All distributions should be entered (excluding distributions from Exempt Profits listed in Panel 6) 5 - FOREIGN INCOME (Enter amounts in ) Foreign Income excluding Foreign Life Policies & Offshore Funds 51 Foreign Dividend Income before deduction of Irish tax* (Standard Rate 125%) for which a claim under Sec 21B is being made 52 Other Foreign Dividend Income before deduction of Irish tax* (Higher Rate 25%) 53 Other Foreign Income before deduction of Irish tax* (Higher Rate 25%) *Where Double Taxation Relief applies enter foreign tax deducted in Panel 9 at Line 95 Foreign Deposit Accounts (Sec 895) Give the following details for each foreign deposit account opened during the accounting period ending in 2011 of which the company was the beneficial owner 54 Name & Address of deposit holder (bank etc) 55 Date account was opened (DDMMYYYY) 56 Amount deposited on opening 57 Name & Address of intermediary if any through whom account was opened (Include details of interest received from these accounts in Line 53) Foreign Life PoliciesOffshore FundsOther Offshore Products Foreign Life Policies (Part 26 Ch 6) Give the following details in respect of any policy from any Member State of the EU or EEA or from a Member State of the OECD with which Ireland has a Double Taxation Agreement 58 Payment taxable Case III Sch D (Sec 730J(b)) 59 Gain taxable Case IV Sch D (Sec 730K(1)) And in respect of any such policy issued in the accounting period ending in 2011 give the following additional details: 510 Name & Address of person who commenced the Foreign Life Policy 511 Terms of the policy PAGE 16

17 5 - FOREIGN INCOME (contd) 512 Annual premiums payable 513 Name & Address of the person through whom the Foreign Life Policy was acquired Offshore Funds (Part 27 Ch 4) Give the following details in respect of any material interest in regulated offshore fund(s) (those coming within Sec 747B(2A)) in the EU or EEA or in a Member State of the OECD with which Ireland has a Double Taxation Agreement 514 Income taxable Case III Sch D (Sec 747D(b)) Where the payment is not taken into account in computing the profits or gains of a trade carried on by the company 515 (a) Gain taxable at 28% Case IV Sch D (Sec 747E(1)(a)) (b) Gain taxable at 30% Case IV Sch D (Sec 747E(1)(a)) And in respect of any such material interest acquired in the accounting period ending in 2011 give the following additional details: 516 Name & Address of Offshore Fund(s) 517 Date material interest was acquired (DDMMYYYY) 518 Amount of capital invested in acquiring the material interest 519 Name & Address of intermediary (if any) through whom the material interest was acquired Other Offshore Products (Sec 896) Give the following details for each material interest acquired in the accounting period ending in 2011 in (i) other offshore products (including foreign life assurance policies) outside the EU or EEA or outside a Member State of the OECD with which Ireland has a Double Taxation Agreement and in (ii) unregulated funds (those not coming within Sec 747B(2A)) within the EU or EEA or within any Member State of the OECD with which Ireland has a Double Taxation Agreement 520 Name & Address of offshore products 521 Date material interest was acquired (DDMMYYYY) 522 Amount of payment made in acquiring the material interest 523 Name & Address of intermediary (if any) through whom the material interest was acquired (Include details of income from Other Offshore Products (excluding income from Foreign Life Policies) in Line 53) PAGE 17

18 6 - EXEMPT PROFITS Profits in respect of which the company has a statutory entitlement to exemption (other than amounts entered in Panel 4 at Line 46) 61 (a) Net Profit or gains from Woodlands (b) If a loss enter the amount of the loss (c) Distributions out of exempt profit or gains from Woodlands 62 (a) Exempt Patent Income received before (b) Distributions from Exempt Patent Income received before Other 7 - CAPITAL GAINS (other than on land with Development Value) Description of No of Assets Disposals 71 SharesSecurities - Quoted 72 SharesSecurities - Unquoted 73 Agricultural LandBuildings 74 Commercial Premises 75 Residential Premises 76 Venture Fund Gains (Sec 541C(2)(b)) 77 Other Assets 78 Total Consideration 79 Incidental cost(s) of disposal(s) Disposals between connected persons R 718 Unused Losses for carry forward to future accounting periods 719 Amount of Net Chargeable Gain at 25% (enter the amount of the gain and not the amount of the tax payable) 720 Amount of Net Chargeable Gain at 30% (enter the amount of the gain and not the amount of the tax payable) 721 Amount of Net Chargeable Gain at 40% (enter the amount of the gain and not the amount of the tax payable) 722 Amount of Net Chargeable Gain in respect of Venture Fund Capital (Sec 541C(3)(b)) (enter the amount of the gain and not the amount of the tax payable) PAGE 18 Aggregate Area in Hectares 710 Aggregate net consideration (after incidental costs of disposals) 711 (a) Cost of acquisition (if assets acquired prior to or acquired otherwise not at arm s length substitute market value for cost) - indexed where appropriate (b) Indicate R if not at arm s length 712 Amount of enhancement expenditure claimed - indexed where appropriate 713 Chargeable Gain(s) 714 Previous Gain(s) Rolled-over (now chargeable) 715 Net Loss(es) in this accounting period 716 Unused Loss(es) from prior accounting period(s) 717 Net Chargeable Gain Aggregate Consideration (substitute market value where disposal not made at arm s length)

19 8 - CHARGEABLE ASSETS ACQUIRED Enter the number of assets acquired and the consideration given in this accounting period Description of Assets Number of Assets Consideration 81 Shares (quoted & unquoted) 82 Residential Premises 83 Commercial Premises 84 Agricultural Land 85 Development Land 86 Business Assets 87 AntiquesWorks of Art 88 Other Assets 96 Start-up Companies Relief (Sec 486C) - amount of relief claimed in this accounting period 97 Other Reliefs specify Relief on Value Basis (Note: Enter amounts of gross LossChargeGroup Relief to be offset) 98 (a) Trading Losses (b) If any amount at Line 98(a) refers to Excess Capital Allowances 99 Trading Charges 910 Trading Group Relief 911 (a) Manufacturing Losses (b) If any amount at Line 911(a) refers to Excess Capital Allowances 912 Manufacturing Charges 913 Manufacturing Group Relief Credits 914 Gross Professional Services Withholding Tax on fees included in Panel 2 (include any amount already refunded as part of an interim refund claim) 915 (a) Other income tax borne on income received (b) If this includes tax borne on exempt profits (as listed in Panel 6) tick R the box PAGE DEDUCTIONS RELIEFS and CREDITS Deductions 91 Management Expenses 92 Group Relief - Management Expenses 93 Relief under Sec Other deductions - specify Reliefs 95 Double Taxation Relief

20 10 - RESEARCH & DEVELOPMENT CREDIT and ALLOWANCES 101 (a) Amount of credit claimed under Sec 766 in this accounting period (b) If any amount at Line 101(a) refers to expenditure on plant & machinery 102 Amount of unused credit claimed under Sec 766 carried forward from a previous accounting period excluding unused credit carried forward under Sec 766(4B)(b)(ii)(I) and Sec 766(4B)(b)(iii)(I) 103 Amount of unused credit carried forward under Sec 766(4B)(b)(ii)(I) 104 Amount of unused credit carried forward under Sec 766(4B)(b)(iii)(I) 105 Amount of credit claimed on the construction or refurbishment of a building under Sec 766A in this accounting period 106 Amount of unused credit claimed on the construction or refurbishment of a building under Sec 766A carried forward from a previous accounting period excluding unused credit carried forward under Sec 766A(4B)(b)(ii)(I) and Sec 766A(4B)(b)(iii)(I) 107 Amount of unused credit carried forward under Sec 766A(4B)(b)(ii)(I) 108 Amount of unused credit carried forward under Sec 766A(4B)(b)(iii)(I) 109 Amount of Group Relief claimed under Sec 766A (excess credit claimed) 1010 Amount of Group Relief surrendered under Sec 766A(4)(b) (excess credit surrendered) 1011 Total Research & Development Credit claimed in this accounting period Note: to offset any excess R & D Credit against Corporation Tax of the preceding accounting period see Lines 115 and 116 on page 5 of this return Claim for payment of excess Research & Development Tax Credit (subject to Sec 766B(3)(a) and Sec 766B(3)(b)) 1012 First Instalment - amount of claim under Sec 766(4B)(b)(i) 1013 First Instalment - amount of claim under Sec 766A(4B)(b)(i) 1014 Second Instalment - amount of claim under Sec 766(4B)(b)(ii)(II) 1015 Second Instalment - amount of claim under Sec 766A(4B)(b)(ii)(II) 1016 Third Instalment - amount of claim under Sec 766(4B)(b)(iii)(II) 1017 Third Instalment - amount of claim under Sec 766A(4B)(b)(iii)(II) 1018 Research & Development expenditure on sub-contracted expenditure to universities and other persons (Sec 766(1)(b)(vii) and Sec 766(1)(b)(viii)) 1019 (a) Base year expenditure (2003) (Sec 766) (b) If any amount at Line 1019(a) refers to expenditure on plant & machinery Allowances 1020 Allowance claimed for capital expenditure on scientific research (Sec 765) PAGE 20

21 11 - CAPITAL GAINS ON LAND WITH DEVELOPMENT VALUE Chargeable gains on windfall gains attributable to rezoningrelevant planning decisions should not be included below These should be entered in Panel 12 ProfitsGains on Rezoned Lands Description 111 SharesSecurities - Quoted 112 SharesSecurities - Unquoted 113 Development LandBuildings 114 Commercial Premises 115 Residential Premises 116 Other Assets No of Disposals 117 Total Consideration on Disposals 118 Incidental cost(s) of disposal(s) Disposals between connected persons R PAGE 21 Aggregate Area in Hectares 119 Aggregate net consideration (after incidental costs of disposals) 1110 (a) Cost of acquisition (if assets acquired prior to or acquired otherwise not at arm s length substitute market value for cost) - indexed where appropriate (b) Indicate R if not at arm s length Aggregate Consideration (substitute market value where disposal not made at arm s length) 1111 Current use value - indexed where appropriate 1112 Cost less current use value (no indexation) 1113 Amount of enhancement expenditure claimed (no indexation) 1114 Chargeable Gain(s) 1115 Net Loss(es) in this accounting period 1116 Unused Loss(es) from prior accounting period(s) available for offset against chargeable gains above (loss on sale of development land only) 1117 Net Chargeable Gain 1118 Unused Loss(es) for carry forward to future accounting period(s) (loss on sale of development land only) 1119 Net Chargeable Gain in Initial Period 2010 ( ) 1120 Net Chargeable Gain in Later Period 2010 ( ) 1121 Net Chargeable Gain in Initial Period 2011 ( ) 1122 (i) Net Chargeable Gain in Later Period 2011 ( ) (ii) Net Chargeable Gain in Later Period 2011 ( ) 1123 (a) Net chargeable gain in respect of a disposal of land under Compulsory Purchase Order (CPO) which has accrued by virtue of Sec 542(d) (b) Date of disposal (DDMMYYYY) (c) Date payment received if different to date of disposal (DDMMYYYY) 1124 Total Capital Gains Tax due for this accounting period

22 12 - PROFITSGAINS ON REZONED LANDS Profits andor Gains derived from relevant planning decisions as defined in Sec 649B including rezoned lands Capital Gains Tax 121 Enter the net Chargeable Gain on windfall gains attributable to rezoningrelevant planning decisions liable to Capital Gains Tax at 80% arising in: (a) Initial Period 2010 ( ) (b) Later Period 2010 ( ) (c) Initial Period 2011 ( ) (d) Later Period 2011 ( ) 122 Capital losses attributable to rezoningrelevant planning decisions carried forward from earlier accounting period Income Tax 123 Enter the profits or gains attributable to rezoningrelevant planning decisions liable to Income Tax at 80% (Sec 644AB) arising in: (a) the period from start of accounting period to (b) the period from to end of accounting period 124 Income tax losses attributable to rezoningrelevant planning decisions carried forward from earlier accounting period 13 - CLOSE COMPANY SURCHARGE Surcharges (Sec 440 and Sec 441) 131 If you are making an election under Sec 434(3A)(a) tick R the box Surcharges in respect of Accounting Periods ending in the 12 months preceding this Accounting Period 132 Sec Sec RECOVERY OF INCOME TAX ON PAYMENTS Amounts Payable Under Deduction of Income Tax Payments in respect of which the company is liable to account for Income Tax - Sec Total amount of tax due on such payments Clawback of Employers Tax Relief at Source (TRS) 142 Enter the amount of tax relief at source in respect of medical insurance premiums paid to an authorised insurer as a perquisite for employees PAGE 22

23 15 - DIVIDEND WITHHOLDING TAX Dividend Withholding Tax 151 If the company made a distribution in the accounting period provide the following details: Date of Distribution (DDMMYYYY) Gross Value of Distribution Value of DWT deducted if any 152 If any of the above relates to distributions out of Stallion profits enter: (a) total value of distributions relating to Stallion profits (b) DWT deducted thereon Stapled Stock Arrangements If the company entered into a stapled stock arrangement under Sec 172L with a non-resident company and the non-resident company made any distribution in the accounting period provide the following details: 153 Name of non-resident company 154 Name & address of recipient of distribution 155 Date of distribution (DDMMYYYY) 156 Amount of the distribution 157 Name of non-resident company 158 Name & address of recipient of distribution 159 Date of distribution (DDMMYYYY) 1510 Amount of the distribution 16 - REQUEST FOR SHORT NOTICE OF ASSESSMENT FOR 2011 Complete this Statement of Corporation Tax Liability for 2011 if you require a short notice of assessment If the Inspector does not accept your calculation or if the return is filed late a long notice of assessment showing the Inspector s calculation will issue to you 161 Amount Payable (before credit for Preliminary Tax) 162 Amount Repayable (before credit for Preliminary Tax) PAGE 23

24 17 - DETAILS OF PROPERTY BASED INCENTIVE SCHEMES The following information is required in support of a claim to any of the following reliefs The details required are the specified details referred to in Sec 1052(1)(aa) and Sec 1084(1)(b)(ib) Liability to penalties under Sec 1052 andor a surcharge under Sec 1084 may arise on failure to fully and correctly complete this panel Enter the amount of the relief claimed in the accounting period excluding amounts carried forward into the accounting period either as losses or capital allowances and before deducting any amount of unused losses andor capital allowances which will be carried forward to subsequent accounting periods Residential Property Investor - Lessor 171 Urban Renewal S372AP 172 Town Renewal S372AP 173 Seaside Resort S372AU 174 Rural Renewal S372AP 175 Living over the Shop S372AP 176 Park and Ride S372AP 177 Student Accommodation S372AP Industrial Buildings Allowance Owner Occupier Investor - Lessor 178 Urban Renewal S372C & D 179 Town Renewal S372AC & AD 1710 Seaside Resort S352 & S Rural Renewal S372M & N 1712 Multi-storey Car Parks S Living over the Shop (Commercial premises only) S372D 1714 Enterprise Areas S Park and Ride S372V & W 1716 Hotels S268(1)(d) 1717 Holiday Cottages S268(3) 1718 Holiday Hostels S268(2C)(b) 1719 Guest Houses S268(2C)(a) Nursing Homes S268(1)(g) Housing for elderlyinfirm S268(3A) 1722 Convalescent Homes S268(1)(i) 1723 Buildings used for certain Childcare purposes S843A 1724 Buildings or structures in registered caravan and camping sites S268(2D) 1725 Mid-Shannon Corridor Tourism Infrastructure Investment Scheme S372AW 1726 Where the scheme(s) on which the Company is claiming relief isare not listed above state the name of the Incentive Scheme(s) quote the relevant Sec and enter the amount of relief claimed in the accounting period (Owner Occupier Investor-Lessor) PAGE 24