Policy paper
Corporate capital loss restriction for Corporation Tax
This measure introduces corporate capital loss restriction rules for chargeable gains accruing on or after 1 April 2020 for companies chargeable to Corporation Tax.
Documents
Details
Companies who accrue chargeable gains will only be able to offset up to 50% of those gains using carried-forward allowable (capital) losses for accounting periods ending on or after 1 April 2020.
Read the ‘Corporate Capital Loss Restriction’ consultation and summary of responses.
Published 11 July 2019