Flat Wall Ltd has the following results for the year ended 31 December 2021 C Trading profits 13,300 4,600 Property business income Interest receivable 2,500 Qualifying chantable donations (1,000) The company also has the following brought forward losses: £ 20,400 Trading losses Flat Wall Ltd always utilises its tax losses in the most efficient way possible. Match the date by which Flat Wall Ltd must make a claim to offset its brought forward trading losses in the year ended 31 December 2021 and the amount of unrelieved trading lossen which will be carried forward to the year ended 31 December 2022.

Flat Wall Ltd has the following results for the year ended 31 December 2021 C Trading profits 13,300 4,600 Property business income Interest receivable 2,500 Qualifying chantable donations (1,000) The company also has the following brought forward losses: £ 20,400 Trading losses Flat Wall Ltd always utilises its tax losses in the most efficient way possible. Match the date by which Flat Wall Ltd must make a claim to offset its brought forward trading losses in the year ended 31 December 2021 and the amount of unrelieved trading lossen which will be carried forward to the year ended 31 December 2022.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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