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Spike qs jun13 part a 2 terminl loss part

Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › Spike qs jun13 part a 2 terminl loss part

  • This topic has 5 replies, 2 voices, and was last updated 10 years ago by rockerz.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
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  • May 7, 2015 at 11:25 am #244571
    rockerz
    Member
    • Topics: 72
    • Replies: 82
    • ☆☆

    The terminal loss sav in 14/15 is 2500 ( 22500-10000)*20% it says all loss wl be relievd in tht year bt we can see aftr deductn PA stll 4800 remains (17300-12500) so whr is tht loss gone? Plz explain am nt gettttn it

    May 7, 2015 at 1:46 pm #244590
    acca13
    Member
    • Topics: 57
    • Replies: 172
    • ☆☆☆

    After deducting terminal loss from trading loss, whatever trading loss amount is left, offset the loss according to the trading loss relieving rules.

    May 7, 2015 at 2:57 pm #244610
    rockerz
    Member
    • Topics: 72
    • Replies: 82
    • ☆☆

    Heyyuu thnkzzzzzz alottttt

    May 7, 2015 at 3:07 pm #244612
    rockerz
    Member
    • Topics: 72
    • Replies: 82
    • ☆☆

    One more questin i wanna ask
    In relievng tradin losses as they r relievd in 13/14 2500(22500-10000)*20% still 9300 remain frm total of 21800 so whr it goes ? And do we need to preserv personl allwnc ? Thxx

    May 7, 2015 at 3:18 pm #244616
    acca13
    Member
    • Topics: 57
    • Replies: 172
    • ☆☆☆

    why are you deducting 12500 from 21800?

    May 19, 2015 at 1:28 pm #247175
    rockerz
    Member
    • Topics: 72
    • Replies: 82
    • ☆☆

    Because our loss is 21800 tradin loss and we utilisn only 12500 (22500-10000pa) so stil 9300 loss remains na so whr wud tht go?

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