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Hey, I’m interested in the BPP exam kit. My email is maythetoastbewithyou(at)gmail.com. Thank you!
Hi there,
I’m interested in the AA exam kit could you give me more information please? Email is maythetoastbewithyou(at)Gmail.com
I think I have the same question, in the notes page 169, the last paragraph in 2.1 “Definition of a 75% group” it says:
“Any unused trading losses of property business losses brought forward by a company may now also be surrendered as group relief, BUT only to the extent that the loss making company is unable to set off the loss against its own profits”
but on page 171, the first line in section 2.4 “The surrendering company” it says:
“The surrendering company may surrender as much of its trading loss as it wants to and it is not necessary to relieve a trading loss against its own income and gains first.”
These seem to contradict and I’m not sure I understand.
Thank you in advance!