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Ask the Tutor ACCA TX-UK

Groups of companies

SSara2y ago
"QCD and property losses are only 'unrelieved' if they exceed any other income and gains before the deduction of any losses (current year, brought forward or carried back)" Would appreciate if someone can clarify this sentence for me? Property losses would be included in total profits but QCD is after for TTP so how are they both included in this sentence. Thank you.
JJill2y ago#1
I am sorry but your sentence does not make sense to me. And where is the sentence that you require clarification to be found in my notes?
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