CT600 Box 215: Gross Profits Before Deductions

Box 215 on the CT600 shows your company's gross profits before deductions and reliefs. This is a calculated total that brings together all your income sources before any reliefs are applied.

What Goes in Box 215?

Box 215 is the sum of all profit sources on your CT600:

``` Box 215 = Box 165 + Box 175 + Box 180 + Box 185 + Box 190 + Box 195 + Box 200 + Box 205 + Box 210 ```

This represents your company's total profits before any deductions or reliefs.

Components of Box 215

The Income Elements

Box	Description	Typical for Small Co?
165	Trading profits	Yes
175	Annual payments received	Rare
180	Non-UK dividends	Rare
185	Income with tax deducted	Rare
190	Property income	Sometimes
195	Non-trading intangible gains	Very rare
200	Tonnage tax profits	Very rare
205	Other income	Rare
210	Chargeable gains	Rare

For Most Small Companies

Most small trading companies will have:

Box 165 = Trading profits
All other boxes = Zero

So Box 215 often equals Box 165 for simple trading companies.

Example Calculations

Simple Trading Company

Box	Description	Amount
165	Trading profits	£45,000
175-210	All other income	£0
215	Gross profits	£45,000

Trading Company with Property

Box	Description	Amount
165	Trading profits	£45,000
190	Property income	£12,000
175-185, 195-210	Other income	£0
215	Gross profits	£57,000

Company with Capital Gain

Box	Description	Amount
165	Trading profits	£30,000
210	Chargeable gain	£20,000
Other boxes	Zero	£0
215	Gross profits	£50,000

Box 215 vs Box 235

These boxes represent different stages:

Box	Description	What It Shows
215	Gross profits	Before deductions
235	Total profits	After deductions

The Journey from 215 to 235

``` Box 215 (Gross profits) ↓

Qualifying charitable donations
Management expenses
Non-trade deficits
Trading losses
Group relief

↓ Box 235 (Total profits chargeable) ```

Why Box 215 Matters

1. Starting Point for Tax

Box 215 is the base figure from which:

Deductions are subtracted
Reliefs are calculated
Final taxable profit emerges

2. Marginal Relief Calculations

Box 215 feeds into determining:

If you qualify for small profits rate
Your marginal relief (if applicable)
Associated company thresholds

3. Loss Utilisation

Understanding Box 215 helps with:

How much loss can offset current profits
Whether group relief is available
Planning for future years

Completing Box 215

Automatic Calculation

Box 215 is a calculated field:

Enter income in individual boxes (165, 175, etc.)
Box 215 is automatically totalled
No manual calculation needed

In TinyTax

TinyTax calculates Box 215 automatically:

Enter your trading figures
Enter any other income sources
The software handles the addition

When Box 215 Equals Box 235

For companies with no deductions:

No charitable donations
No losses to claim
No management expenses
No group relief

Box 215 will equal Box 235.

This is common for simple, profitable small companies.

Box	Description
165	Trading profits
210	Chargeable gains
215	Gross profits (this box)
235	Total profits after deductions
315	Corporation Tax liability

Common Questions

Do I need to calculate Box 215 myself?

No. It's a calculated field - the sum of boxes 165 through 210. CT600 software does this automatically.

What if my Box 215 is negative?

Box 215 cannot be negative. If you have losses, they're shown in loss boxes (170 for trading losses). Box 215 shows the positive profit before those losses reduce it.

Why is my Box 215 different from my accounts profit?

Several reasons:

Tax adjustments (disallowable expenses, capital allowances)
Timing differences
Items treated differently for tax vs accounting

The accounts show accounting profit; Box 215 shows taxable profit before reliefs.

My company only trades - do I need to worry about the other boxes?

No. If you only have trading income, only Box 165 will have a value. All other boxes feeding Box 215 will be zero.

When Using TinyTax

TinyTax handles Box 215 automatically:

Enter your trading figures and expenses
The software calculates trading profits (Box 165)
Box 215 is automatically populated
Deductions flow through to Box 235

Most TinyTax users have straightforward trading profits where Box 215 simply equals Box 165.

Need Help?

TinyTax calculates all CT600 boxes automatically, including Box 215. Just enter your income and expenses, and the software handles the rest.

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