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Working with Tax Losses — Cloud Customer Connect
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Working with Tax Losses

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edited Nov 13, 2017 4:59AM in Tax Reporting 2 comments

Summary

Working with Tax Losses

Content

Any tips or suggestions for set up and working with tax losses?

Ideally we could use Tax Automation to apply carry forward losses to current period income but that may be an entity specific rule and would depend on available carry forward losses.

Another consideration is group relief in the UK whereby entities file individual tax returns but may apply losses from another UK entity within the same group.

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