Instant relief! The best use of trading losses. By Rebecca Benneyworth

Share this content
2

Rebecca Benneyworth kicks-off the first in her a series of articles examining relief for losses.

The next couple of years is going to be a difficult time for everyone, and in business, thoughts turn to the best use of losses, obtaining the maximum and swiftest relief for our clients, securing a tax repayment as soon as possible to help with the cashflow.

The legislation governing loss relief in income tax was rewritten into Income Tax Act 2007, but it is fair to say that no material amendments were made to the relief provided for by ICTA Ss 380, 381, 385 and 387. In this first in a series of loss relief articles, I shall examine some of the practicalities associated with claiming loss relief in an ongoing business, u...

Please Login or Register to read the full article

Replies

Please login or register to join the discussion.

avatar
By Anonymous
20th Nov 2008 13:44

timescale
what date does this commence from?

Thanks (0)
avatar
10th Aug 2009 10:36

rebbecca bennyworths losses article dated14/11/08 11.19
I AM UNABLE TO FINDTHE ARTICLE WHICH FOLLOWS THIS ONE REFERING TO TERMINAL LOSSES
HOW DO i DO THIS?

Thanks (0)