losses cf have to use them | AccountingWEB

losses cf have to use them



Scratching my head a bit,  I have a (self assessment) client who doesnt wand to use his losses brought forward, on rental income, as they want their income to look as large as possible for personal reasons. 


I dont believe you can pick and chose can you?  We have to offset all losses bf against profits.


Am I correct on that?




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cathygrimmer |
cathygrimmer's picture

Accounting profit v Taxable profits

Kent accountant |
Kent accountant's picture


Sheepy306 |