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Corporate Trading Losses 

This relates to company accounting periods ending in the period 1 April 2020 to 31 March 2022.
 
The amount of trading losses which can be carried back to the preceding year remains unlimted for companies.
 
After carry back to the preceding year, a maximum of £2,000,000 of unused losses will be available for carry back against profits of the same trade in the earlier 2 years.
 
This £2,000,000 limit applies separately to the unused losses of each 12 month period within the two year period ended 31 March 2022.
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Added By: Sharon Worger on 08th Mar 2021 - 14:00
Number of Views: 98
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