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The DT disclosure categories - setup template is where you configure the categories of timing difference used in the deferred tax disclosures. Setting up the categories here — for example accelerated capital allowances, short-term timing differences and revaluations — controls how the deferred tax and tax disclosure schedules are presented.

Table of contents 

When should I use this template?

Use it before completing the deferred tax / tax disclosures schedules, to define the timing difference categories that those schedules will use. It is a set-up template rather than a calculating one.

How the set-up works

The template lets you define and label the deferred tax disclosure categories — the different types of timing difference that give rise to deferred tax, such as accelerated capital allowances, short-term timing differences and revaluation timing differences (including the property revaluations timing difference category). These categories then drive how amounts are analysed and presented in the deferred tax disclosures.

What flows through to the rest of Corporation Tax?

The categories set up here are used by the Timing differences and deferred tax / tax disclosure schedules, so that deferred tax is analysed under the correct headings. Getting the categories right here keeps the disclosures consistent.

Frequently asked questions

Do I enter figures here?

No. This template sets up the categories; the amounts are entered in the deferred tax / timing differences schedules.

What categories are available?

The timing difference categories used for deferred tax — for example accelerated capital allowances, short-term timing differences and revaluation timing differences.

How does this relate to the deferred tax schedules?

The categories defined here determine how the Timing differences and deferred tax disclosure schedules are analysed and presented.