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using extended claim relief against capital gains tax

Forums › ACCA Forums › ACCA TX Taxation Forums › using extended claim relief against capital gains tax

  • This topic has 0 replies, 1 voice, and was last updated 8 years ago by pejz.
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  • July 27, 2016 at 12:23 am #329563
    pejz
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    • Topics: 1
    • Replies: 7
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    good day sir

    can you please tell me with regards to using the extension claim against capital gains method if the net capital gains is say 20,000 and you have say 24,000 available relief to set against………after you net off 20,000 of the relief against the capital gains,,,what happens to the balance…does it carry forward as capital gains relief for the next period…..thank you

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