Can a company give its trading loss to a group company? Are tax groups the same as groups in financial accounting? Why bother to give a group company a loss when it can always be carried forward?
To find the answers listen to my podcast episode on group relief which is now also available on Apple Podcasts for those of you (like me) who love their iPhones.
What about those of you that still use an iPhone 5? (why ???) Well, the good news is it can be accessed by all iPhones or just listen on Spotify.
https://anchor.fm/neil-da-costa9/episodes/Group-Relief-e177qoh If you are planning on doing Advanced Tax in December 2021 or March 2022, I recommend you purchase Advanced Tax Condensed which will allow you to learn the technical rules If you then practice the key questions I recommend, you too will be ready for anything the examiner throws at you. This book will really make a difference.