A company has the following results for the three years to 31 March 2025: Assuming that the
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A company has the following results for the three years to 31 March 2025:
Assuming that the trading loss of £68,900 is carried forward and that maximum loss relief is taken as soon as possible, calculate the company's taxable total profits for each of these three years. Should the company claim less than maximum loss relief in any year?
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The company should claim loss relief of only 31600 ...View the full answer
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