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Example 2 – Chapter 6 (Tax adjusted trading losses – Individuals

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Example 2 – Chapter 6 (Tax adjusted trading losses – Individuals

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by AvatarJillyB.
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  • April 16, 2024 at 4:37 pm #704190
    AvatarSomtee
    Participant
    • Topics: 18
    • Replies: 6
    • ☆

    Hello Jill,

    Since we are looking to use the trading loss in the most beneficial way, why don’t we use 18,430 on the previous tax year so that we don’t waste the PA? (In your workings, you used 31,000).

    April 18, 2024 at 9:54 am #704247
    AvatarJillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    Because its an all or nothing claim

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