Share this content

Relief of excess management expenses

Relief of excess management expenses

Didn't find your answer?

An investment company has excess management expenses.

It commences a trade (new accounting period) and has taxable trading profits in its first period of trade.

Can the management expenses brought forward be set against the trading profits?

Does it make a difference if the company in addition to its trade:

a) Does have investment business also,

b) Doesn't have any investment business?


Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.

Share this content

Related posts