Lesley Ward
Joined: 8/14/2023
-
Loss carry back to include unused loss from prior year
Limited company has a trading loss brought forward from 2021 of £3k, this was not used to offset profits of 2022 but carried forward again to 2023. The company made a further loss of £5k in 2023. Can the full loss of £8k be carried back to trading profit of 2022?