Two CT600 Apportionment query

[Goingitalone]

Hi,
I have hopefully a an easy question yet so far elusive to my online searches regarding my CT600s. I extended my accounting period for companies house to 18 months finishing October 2016 and I am using the HMRC joint filing software which I have used in the past. I am happy that my accounts for Companies House cover the whole 18 months and that I will need to fill out two CT600 using time apportionment for the profits.

With regard to allowable deductions, I have director remuneration and allowable expenses of insurance, travel and subsistence and admin expenses and some bank charges all across both CT600 periods. (no AIA, loans, etc). The question is, are the directors remuneration and other expenses time apportioned as well or are they reported for the accounting period from which they occurred. The overall corporation tax due should be the same either way as far as I can see after the second CT600 is filed but I want to report it correctly. The expenses etc were not all incurred equally across the 18 months. Hope this makes sense?
Kindest Regards

[Darren at Fox-Bartfield]

CT

Simplest way is to time apportion. The CT rates are the same so unless you've any group structures, marginal relief or any other complexities, then the figure will come out the same.

[Goingitalone]

Thanks for the reply, greatly appreciated! You are right I don't have any complex arrangements or marginal relief. The only other point/query I might be getting confused on is positive bank interest actually received in the first 12 months but not the subsequent 6 month period of the 18 months.
It's only £30 but I thought I might have read somewhere that bank interest received is an item that cannot get time apportioned?

[Darren at Fox-Bartfield]

Bank Interest

Yes, that's correct......trading profits should be time apportioned, other things such as investment income, gains, gift aid, etc should be on a receipts basis.

[Goingitalone]

Thanks for confirming, really appreciate it