Corporation tax loss carry forward use against future capital gain?

Posted by TaxSpud PM | on Fri, 07/12/2012 - 11:09 569 4 comments | report

Hi, a simple question for a corporation tax expert but being personal tax biased I am not sure if it works the same way. I believe they can only be used to reduce future trading profits not CGT or rents but would welcome quick confirmation as manuals are not 100% clear.

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CT Loss

Brightster | Fri, 07/12/2012 - 12:07

Thank you Brightster

TaxSpud | Fri, 07/12/2012 - 12:08

Is it a trading loss?

Steve Kesby | Fri, 07/12/2012 - 12:25

Not strictly

mbdx7ja2 | Fri, 07/12/2012 - 12:23