COM310 - Index Of Legislation: Finance Act 1996
- S83(2) Allows a company to carry back a non trading deficit arising in APs ending in the period from 01/04/1996 to 01/07/1997
That cannot be utilised against profits arising in the AP in which the non trade deficit is incurred
For up to three years preceding the non trade deficit period:
- Schedule 24 Amendments to Taxes Management Act (TMA) 1970 to take account of the introduction of self assessment