A company must complete an international dealings schedule if the company has written an amount or Y (for yes) at certain questions in its CTR listed below as trigger points requiring completion of the IDS, whilst different or other trigger points apply to partnerships, trusts or AMITs.
If a company is not required to complete an international dealings schedule if the company did not write an amount or Y (for yes) at any of the CTR trigger points requiring completion of the IDS in accordance with the relevant CTR reporting instructions.
Untick the question so that you do not need the ID Schedule if it is not required -
If need to report an ID Schedule, tick to "Yes" and "Edit"
Note: A company must complete an international dealings schedule if the company has written an amount or Y (for yes) at certain questions of the CTR listed further below as the CTR trigger points requiring completion of the IDS, in compliance with the CTR reporting instructions (e.g.Q27).
Once the IDS is required, the company will need to answer certain relevant IDS questions, albeit it has written ‘No’ to the IDS Q2a (as below). The relevant questions will include Q17 and Q18 in Section A of the IDS and other questions (if relevant) in the Sections B-G of the IDS, such as Section D: Thin capitalisation, Section G: Hybrid Mismatches.
