Loss Relief
Detailed and separate rules apply to how all the different types of losses may be set off within a company. A detailed explanation of these can be found in: United Kingdom corporation tax loss relief.
Read more about this topic: United Kingdom Corporation Tax
Famous quotes containing the words loss and/or relief:
“Claudio. The old ornament of his cheek hath already stuffed tennis-balls.
Leonato. Indeed, he looks younger than he did, by the loss of a beard.”
—William Shakespeare (1564–1616)
“If, as they say, God spanked the town
For being over-frisky,
Why did He burn all the churches down
And spare Hotaling’s Whiskey?”
—For the State of California, U.S. public relief program (1935-1943)