losses cf have to use them

Hello,

 

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?

 

Thanks

DG

Comments
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Compulsory!

cathygrimmer |
cathygrimmer's picture

Accounting profit v Taxable profits

Kent accountant |
Kent accountant's picture

@kent

Sheepy306 |