Loss Relief – Early years loss relief

This topic has 2 replies, 3 voices, and was last updated 11 years ago by Tax Tutor.

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May 31, 2015 at 3:28 pm #251007
douyi
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From my understanding, terminal loss relief is eligible to both sole trader and companies. But early year loss relief is only applicable to sole trader but not companies. Is this accurate?

Thanks a lot!
May 31, 2015 at 4:16 pm #251033
Hareem sikandar
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Yes …
June 1, 2015 at 3:30 am #251163
Tax Tutor
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Confirm yes only individuals get the specialist opening years relief
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