Group Trading Losses

Posted by occca PM | on Mon, 14/11/2011 - 09:25 1073 2 comments | report

The directors of company A want to buy company B

They are both limited companies

Company B has trading losses. Whilst there will be a change of ownership the trade will stay the same

Can the brought forward losses be offset in a group setup against group profits or can this only be done on any losses going forward?

Any links / comments appreciated

Thanks

Comments

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andrew.hyde | Mon, 14/11/2011 - 09:41

occca | Mon, 14/11/2011 - 09:45