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losses for companies

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › losses for companies

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by Tax Tutor.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • July 23, 2020 at 12:50 pm #577752
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    also sir in case of the presence of both property losses and current year/carry back losses, which one is set off first against total income of a given year?

    July 27, 2020 at 4:43 am #578142
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    i meant to ask property losses brought forward Vs. current year Vs. carry back trading losses. What would be the order?

    July 27, 2020 at 4:45 am #578143
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    i meant to ask property losses brought forward Vs. current year trading losses Vs. carry back trading losses. What would be the order to set them off against a given year’s TTP?

    This is my final question. Ignore above two.

    August 12, 2020 at 8:02 am #580198
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Losses b/f, followed by current period losses, followed by losses brought back from a future period

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