GREIT08085 – Distributions: administration: attributions and reconciliation: summary of examples
The tables on this page and at GREIT08090 to GREIT08095 summarise the examples in GREIT08075 and GREIT08080.
Reconciliation for a.p.e. 31 December 2007
The reconciliation for distributions paid in accounting period ending 31 December 2007 that should accompany the CT61(Z) for QE 31 December 2007 could look like the table below.
|
Category | reserves
b/f | February 2007 distribution | reserves
c/f |
| (a) | - | ||
| (b) | 900 | (800) | 100 |
| (c) | - | ||
| (d) | - | ||
| (e) | 100 | 100 | |
| totals | 1,000 | (800) | 200 |
The first column is the reserves when company C became a
UK-REIT, divided between (b) income from taxable activities and (e)
other from pre-entry periods.
The second column shows how the final distribution for
profits of 2006 is attributed entirely to Category (b).
The final column shows how the reserves stand at the year
end. As the profits for the year to 31 December 2007 have not been
struck, they do not feature in the reconciliation of distributions
paid in the year.
Attribution of 2006 final distribution
This is derived from the second column.
