Partnership overlap profits. | AccountingWEB

Partnership overlap profits.

I have a client who has overlap profits available from a partnership which he is no longer involved in. He ceased to be a partner in February 2008, the overlap profits were carried forward on the return to 5 April 2008, but no overlap relief shown on return to 5 April 2009. Can I put them in the return to 5 April 2010? If so, where? He is self employed now.


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Overlaps profits

justsotax |

Error or Mistake Claim

goblinf |