Corporation Tax Losses

When your company makes a loss, you don't lose that tax relief forever. You can carry forward unused losses to offset against profits in future years, reducing your Corporation Tax bill when times are better. The rules depend on the type of loss and when it was made, with impo...

5 min read

If your company makes a trading loss, you don't have to wait until you're profitable again to get tax relief. You can use those losses to reduce your Corporation Tax bill — either by offsetting them against other profits in the same year, carrying them back to reduce tax you'v...

5 min read

When your company stops trading, sells assets at a loss, or makes a loss on rental income, you may be able to claim relief from Corporation Tax. Each type of loss has different rules about how and when you can use it to reduce your tax bill.

4 min read