Chapter 18 – Tax Adjusted Losses – Companies – ACCA Taxation (TX-UK) lectures

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1. ahayes says

   November 18, 2023 at 2:45 pm

   It’ll be because 2019 is the only year that has taxable profit remaining after the loss relief so we can therefore use the QCD, in the other years the profit is offset in full already so there is nothing to use the QCD on

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2. vlejunic says

   September 2, 2023 at 11:53 am

   QCD is relieved the last (that is after loss relief), if there is profit. But since you used in full the profits for the other years, then there is nothing left to offset (relieve) agains QCD.

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3. chughtai20 says

   September 2, 2023 at 7:36 am

   Can anybody tell me what’s happening with QCDs in example 4 ? Why are we only deducting QCD from 2019 whilst the rest of them are unrelieved ?

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