Skip to main content

This is a new service – your feedback will help us to improve it.

  • Non-trading loan relationship defecit - carry back

    Hi if a UK Limited company whose principal activity is that of rental properties, has made a loss in the year due to interest on BTL loans )ie an non-trade loan relationship defecit) and used some of the this against current year trading profit and current year chargeable gain on disposal can it carry back the remainder against trading profits previously paid tax on? Or can it only carry forward against any taxable charge (capital and or trading) and carry back against non-trading profits only? Alternatively is there a phone number to get specific guidance. The directory was unclear to me.