[nanaakua1]

Satheesh RV, where is it told that trading losses can be set of against the higher of 50,000 or 25% trading profits?

Let me know.

In group companies(Corporation Tax- Groups) loss reliefs are available for all the other members so far as their respective accounting periods correspond.
In individual companies (Tax Adjusted Losses- Companies) loss reliefs can be applied both in next years or last one year (that is 12 month period)
All to the extend that the loss is totally written off against the trading profits.

So please show me where your assertion can be found.
Thanks

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