What's new v6.0

iXBRL and Tagging

• CT2024 taxonomy added: SCT now includes the latest CT2024 iXBRL tags

• CT2025 taxonomy coming soon: No immediate impact on SCT

• Sage assisted tagging (SAT) updates planned: Future SCT release will include SAT with CT2025 and FRC 2025 taxonomy

Online Filing

• Latest validations (RIM v1.993): SCT now prevents new validation errors by applying updated logic for REIT companies and CT600 box handling

CT600 and Pages

• SCT now supports CT600 (2025) and CT600L (2025)
• SCT doesn’t include CT600P (Creative industries) because it doesn’t support this sector

• New CT600 box options:

  • Box 4 now includes a new type: 11 Non-resident company
  • SCT now supports new boxes 653 and 943, with conditions to ensure valid R&D credit repayments

  • Box 650: Now populated again; validation error 9281 resolved

R&D Enhancements

• Claims Summary improvements:

  • Supports pence values

  • Better validations

  • Simplified navigation and new linked values

• New Reconciliation sections:

  • Track RDEC expenditure vs P&L more accurately

  • You must reconcile within a £10 tolerance

• 65% qualifying expenditure checkbox:

  • Added for expenditure under new rules from 01/04/2021

• R&D Expenditure Credits screen:

  • Always displayed now

  • HMRC box L75 workaround applied

  • UI text fixes and updated validation logic

Tax Site Updates

• New Special Tax Sites:

  • Anglesey (Freeport)

  • East Midlands (Investment Zone)

Fixed Asset Register

• FYA date extended: Electric charge-points and zero-emission cars now qualify until 31/03/2026

Other Enhancements

• Pre-validation report fixes: More accurate warnings and error handling

• CT600L PAYE/NIC workaround: Adjusts for missing box in HMRC form

• Improved labels, help texts, and validations across various screens

• B12 and other reports: Updated labels and iXBRL tag coverage

• PDF overwrite warning: User alerted before overwriting existing files

Issue Fixes

• SCT now shows correct values for amortisation, capital allowances, and short life asset pools

• Online filing declaration wording corrected for single AP

• Sage Assisted Tagging UI fixes: Cancel button corrected

• R&D screens: Various auto-calculations now trigger without needing to save

• Fixed Asset Register: Logic improved for Special Rate assets and FYA options