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My client has a trading profit for 2018, but has losses losses forward from previous years which we have used to reduce the corporation tax liability to nil. Can the losses forward be used in the calculation of the surcharge?
What figure is to be taken as trading income for the calculation of surcharge? Is it the profit per the accounts or is it the adjusted tax profit less capital allowances?

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Posted by (Questions: 76, Answers: 6)
Asked on 8 February 2019 11:54 am
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