Using Losses : A Refresher on Income Tax and Corporation Tax Losses
This session will refresh your knowledge on the available reliefs for losses arising from a trade or property business (including furnished holiday letting activities). It will explain all forms of loss relief for individuals and companies, highlighting the practical issues you may encounter. For individuals, a brief comparison of the various reliefs for trading losses will be covered, to aid decisions about which relief may best suit your clients.
The session will assume a good basic understanding of income and corporation tax principles.