UK Corporation Tax Losses

K

KAL

Joined
Nov 17, 2017
Messages
1
Reaction score
0
Country
United Kingdom
Hi, does any one know how to treat a CT loss? I know you can carry it back, and can carry it forward to offset.

Also i need to know the double entry for the loss. For example the company made a profit in 2016 of £30,000 after paying CT of £4500. In 2017, the company has made a trading loss of (£3000).

Thank you
 
Last edited by a moderator:
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

UK Corporation Tax 0
USA Filing and amended S Corporation tax return late 3
UK associated companies and corporation tax from 2023 (scenario query) 1
USA When do S-Corporation pay income taxes? 2
UK Corporation tax on your P&L 4
UK Cashback - income for corporation tax and vat, or not? 0
USA Tax Payments paid by an S Corporation - 2
UK UK Corporation Tax return: are capital contributions considered as gift/donations taxable or are exempt given it's non trading in nature? 0

Top