How many years can corporation tax loss be carried back ?

UK Discussion in 'General Tax Discussion' started by BellaBella, Sep 25, 2018.

  1. BellaBella

    BellaBella

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    Hello I have a fashion company registered in England since 2009. I was a fashion student and I treated it more like a passion than a business at the begining. The company only started achieving profit from 2016. I was wondering if I can use the trading loss between 2010 and 2015 to set off again the trading profit in 2017? I look forward to your professional advice ASAP. Many thanks, Isabella
     
    BellaBella, Sep 25, 2018
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  2. BellaBella

    Becky Administrator

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    Becky, Sep 26, 2018
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  3. BellaBella

    BellaBella

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    Good evening Becky,

    Thank you so much for your kind advice. Yes I meant I would like to carry the losses between 2010 and 2015 forward to offset the profit in 2017, my company have been operating in the same trade. Thank you so much! I really really appreciate it! Have a good night, Isabella
     
    BellaBella, Sep 26, 2018
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