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Ask the Tutor ACCA TX-UK

Company Losses

SASayeda Amal1mo ago
I've watched the lectures of company losses and about the different ways in which we can relieve our losses I had one small doubt. So we can relieve in 3 ways against total profits before QCDs 1. Carry forward 2. Current year first and carry back. 3. Current year first and carry back and the remaining we can carry forward. Is it possible to make a current year claim and not carry back but carry forward instead? Thank you.
AmandaPAmandaPTutor1mo ago#1
Yes! - cfwd only - CY then cfwd - CY then CB then cfwd
SASayeda Amal1mo ago#2
Thank you once again :)
AmandaPAmandaPTutor1mo ago#3
No problem.
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