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Corporation Tax Losses

Can losses still be carried back

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I am getting confused on the new Corporation Tax Losses rules.  Not sure if you can still carry them back.

My clients year end is 31st March.  In 2018 made a loss, in 2017 made a loss that was carried back to 2016.  Still enough profit from 2016 to sop up the loss of 2018 if I can carry it back.  Can I?

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By Accountant A
18th Nov 2018 17:01

You'd be best to have a look at the HMRC Company Taxation Manual, unless you have other resources.

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18th Nov 2018 18:29

Take a look at
(CTA) 2010, s37(1)(2)(3)(b)

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