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partial claim not allowed.

Forums › ACCA Forums › ACCA TX Taxation Forums › partial claim not allowed.

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by mrjonbain.
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  • November 13, 2015 at 10:29 am #282120
    Anonymous
    Inactive
    • Topics: 19
    • Replies: 15
    • ☆

    hi friends, please help me by clarifying a issue.

    In regards to Trading Loss, what is ” Partial claim is not allowed”

    thanks

    November 24, 2015 at 1:41 pm #284901
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2490
    • ☆☆☆☆☆

    Basically, it means you have to use the loss to its full extent in these circumstances.This could lead to effectively losing some or all of the benefit of personal allowance.

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