Group Relief overseas aspect , HELP!!!!!!!!!!Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › Group Relief overseas aspect , HELP!!!!!!!!!!This topic has 0 replies, 1 voice, and was last updated 8 years ago by barbara2012.Viewing 1 post (of 1 total)AuthorPosts September 10, 2016 at 2:09 pm #339680 barbara2012MemberTopics: 17Replies: 44☆☆Hi AllI came across a question during my studies and the answer from the text is as follows:UK Trading Profit £100k O/S Profits £140k donations (2k) total £98,000 140.000 Less Group Relief (98,000) TTP NILCan you explain why the group relief is available on the trading profits? I thought that only losses can be used?AuthorPostsViewing 1 post (of 1 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In