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Opening losses and terminal losses

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Opening losses and terminal losses

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  • May 16, 2020 at 11:36 am #571017
    szogun
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    Hi

    Please could you confirm that normal opening losses can be claimed against current and previous year?

    The terminal losses can be claimed only against trading profit?

    many thanks, Anna

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