Carrying back losses from 2009/10 to 2008/09 Is it all or nothing?

Posted by Anonymous PM | on Tue, 29/12/2009 - 16:05 2516 14 comments | report

I am considering carrying back losses from 2009/10 in order to reduce my tax bill due 31 January.

If I elect to do this do I have to carry back all the losses (insomuch as they cover the profits) or can I be cute and safeguard my personal allowance?

Thank you and Happy Christmas

Comments

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More complex

petersaxton | Wed, 30/12/2009 - 07:33

Thanks Peter

Anonymous | Wed, 30/12/2009 - 16:37

What does this say to you?

petersaxton | Wed, 30/12/2009 - 16:44

Terrible

Anonymous | Wed, 30/12/2009 - 21:14

Yes, terrible and ill-informed

Anonymous | Fri, 01/01/2010 - 16:26

Anonymous?

petersaxton | Fri, 01/01/2010 - 17:54

No

Anonymous | Sun, 03/01/2010 - 13:57

Subscription based

petersaxton | Sun, 03/01/2010 - 14:18

Yes

Euan MacLennan | Sun, 03/01/2010 - 14:49

Euan

nogammonsinanundoubledgame | Sun, 03/01/2010 - 15:33

Various options

petersaxton | Sun, 03/01/2010 - 16:18

Carry back of 2009-10 trading loss to 2008-09

Ronnie Stanley | Fri, 08/01/2010 - 11:27

.

Anonymous | Fri, 08/01/2010 - 11:33

Faye

Anonymous | Mon, 01/02/2010 - 17:37