A client has leased a shop unit in his own name and rented it at a commercial rent to a company he owns which has used it as a shop.
In the year to 5/4/07 the letting business made a loss.
Must the loss be carried forward and set off against future rental income or can the loss from the letting be offset against the clients other income?
Many thanks
Martin Curtis
martin curtis
17th Jan 2008
0
Commercial Property Losses
Commercial Property Losses