A problem with Trading Losses section of the HMRC Corporation Tax filing facility:
A company has pre-1.4.2017 trading losses brought forward (boxes CP281 and CP281bA). A part is set off against current trading profits (box CP283a). The system then puts the unused losses into box CP288a “pre-1.4.2017 losses c/f” and indicates that non-trading income can be offset only by post-1.4.2017 losses. How do I claim loss relief against a small amount of bank interest classified as non-trading income, or should it be somehow classified as trading income?
Many thanks for your help!