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Example 4 – Chapter 7

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Example 4 – Chapter 7

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.
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  • May 19, 2016 at 12:19 pm #315800
    sharminy
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Please could you explain how the loss is relived in the first 12 months? I don’t quite understand how the £16,000 loss is relieved in the first place (i.e. what is this relieved against?… and hence deducted later?

    many thanks,

    May 22, 2016 at 3:55 pm #316420
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Have you watched the lecture?

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