Offset of current year CT losses

Offset of current year CT losses

Didn't find your answer?

Year ended 31/10/06 company made profit resulting in a CT bill of £20K payable on 31/07/07. However in the current year (ie ending 31/10/07) company is making heavy losses and now does not have enough cash pay CT. Is there any relief available to reduce the CT payable on 31/07/07?

Mark Benfield

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.