HMRC has published a third tranche of the draft guidance on changes to the treatment of carried-forward corporation tax losses from 1 April 2017. This part of the guidance covers the commencement provisions and includes worked examples. Comments are invited by 9 February 2018.
HMRC has published a third tranche of the draft guidance on changes to the treatment of carried-forward corporation tax losses from 1 April 2017. This part of the guidance covers the commencement provisions and includes worked examples. Comments are invited by 9 February 2018.
The first tranche of guidance was published in July, focusing on the core rules and other aspects where guidance had been specifically requested. The second tranche, published in November, covered group relief for carried forward losses and the relaxation of carried-forward non-trade losses.
Legislation for the changes is now contained in Finance (No 2) Act 2017 Sch 4. See http://bit.ly/2zV2aYv.
HMRC has published a third tranche of the draft guidance on changes to the treatment of carried-forward corporation tax losses from 1 April 2017. This part of the guidance covers the commencement provisions and includes worked examples. Comments are invited by 9 February 2018.
HMRC has published a third tranche of the draft guidance on changes to the treatment of carried-forward corporation tax losses from 1 April 2017. This part of the guidance covers the commencement provisions and includes worked examples. Comments are invited by 9 February 2018.
The first tranche of guidance was published in July, focusing on the core rules and other aspects where guidance had been specifically requested. The second tranche, published in November, covered group relief for carried forward losses and the relaxation of carried-forward non-trade losses.
Legislation for the changes is now contained in Finance (No 2) Act 2017 Sch 4. See http://bit.ly/2zV2aYv.
