Tax Loss Relief (March 20 exam)

You are looking at 2 different things - this not something that has changed or that is different between Kaplan and Open Tuition (OT)! From Kaplan you are quoting the rules for CORPORATION tax losses whereas for OT you are quoting the rules for INCOME tax!! Look at page 101 (and beyond) - chapter 18 of the OT notes for the corporation tax rules - also note that I think you have misquoted the Kaplan rules for the c/f of losses - you state "trading" profits above - it should be "total" profits. I would advise to use the OT material - lectures and notes together but you will need to use the exam kit for FA 2018 - not FA 2019 - as there will be different answers to most of the income tax questions and many CGT questions. On the ACCA website you will see the examiners article on FA 2019 which will show you the changes that have been made by FA 2019