In the year to 31 March 2021, a company incurred a trading loss of £270,000 which was carried forward. The company's results for the next two years are:

(a) Compute the company's taxable total profits (TTP) for the years to 31 March 2022 and 2023, assuming that maximum loss relief is taken as soon as possible.

(b) How would the answer to part (a) of this question differ if the trading loss of £270,000 represented the unrelieved part of a larger loss that was originally incurred in the year to 31 March 2017 and was only partly relieved in the four years to 31 March 2021? Again assume that maximum loss relief is taken as soon as possible.

(c) Would the company be wise to claim maximum relief as soon as possible, given that the main rate of corporation tax rises to 25% in FY2023? What should the company do if the main rate of corporation tax was expected to fall in FY2023?