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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › losses for companies
also sir in case of the presence of both property losses and current year/carry back losses, which one is set off first against total income of a given year?
i meant to ask property losses brought forward Vs. current year Vs. carry back trading losses. What would be the order?
i meant to ask property losses brought forward Vs. current year trading losses Vs. carry back trading losses. What would be the order to set them off against a given year’s TTP?
This is my final question. Ignore above two.
Losses b/f, followed by current period losses, followed by losses brought back from a future period