Can capital losses be carried forward? I am asking because you mentioned that there is such an option in the solution to the computation example. Yet in terms of trading losses it was clarified expressly in the example that it can be carried forward, while in terms of capital losses there’s no word about it. So how should I treat it? Thanks
krasnocudek says
Can capital losses be carried forward? I am asking because you mentioned that there is such an option in the solution to the computation example. Yet in terms of trading losses it was clarified expressly in the example that it can be carried forward, while in terms of capital losses there’s no word about it. So how should I treat it? Thanks
papak says
why wasn’t the proceeds of 100k attributable to the land considered?
Seandadoyle says
I’m assuming this was to replicate CIMA’s tendency to include unrelated information to try and trip you up in your answer.
At least that’s what I read from it! 馃檪