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Terminal loss or carry back first

Is there a specified order when making a terminal loss & a prior year carry back into same period?

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Final set of company accounts is a long period so 2 CT APs & is loss making.

The mechanics mean that to utilise losses fully there needs to be a terminal loss claim & a prior year carry back claim with the available losses being carried back into the same profit making accounting period.

Is there a correct order as per the legislation?

I remember from tax exams the tutor saying there was an order for losses but that's the extent of my memory & she could have been including group relief in there...


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