The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X
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The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X Ltd, 25% by Y Ltd and 45% by Z Ltd.
All of these companies are UK resident and they prepare accounts to 31 March. Results for the year to 31 March 2024 are as follows:
What are the maximum possible group relief claims which may be made?
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W Ltd could claim potentially that 10000 of its trading loss should be set against its total profits of the lossmaking period Therefore whether or not such a claim is made the loss available for group ...View the full answer
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