Income tax: use of losses

This note is a general summary of how losses may be used under the UK income tax rules. It also provides links to notes describing other aspects of the UK income tax rules, such as how income is taxed and exemptions from income tax.

NOTE: This resource is being reviewed in light of the 2014 Budget. For more information, see Legal update, 2014 Budget: key business tax announcements.
PLC Tax

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