Hello Sir/Maam,
May I know in which sentence that they highlight that we cannot carry forward the tax losses to the next year? I seem to have trouble in identifying it, the examiner report clearly states that the instruction is in the exhibit, but I still cannot locate it.
Thank you!
Ask the Tutor ACCA AFM
Drimpton Co December 2025
It is the last sentence of the paragraph underneath the details of the fixed costs. The fact that there is a tax credit automatically means that they can take advantage of it in the following year.
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