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Possible method of relieving trading loss of 17/18

Peter,Quinton and roger each have trading loss of 10000


each.
Peter resigned as a partner on 31st dec 2017 so his
unrelieved overlap profit of 5000 will increase his loss to
15000
Carry forward relief:.quinton and roger can carry
forward his share of loss against first available future
trading profit arising in the same trade.
Relief against total income:.peter,Quinton and roger can
claim relief against total income of 17/18 or 16/17.
Special opening year loss relief:.peter,Quinton and roger
can carry back their share of loss against total income for
14/15,15/16,16/17 earliest year first.
Terminal loss relief:.peter,Quinton and roger can carry
back their share of loss against total income for tax year
14/15,15/16,16/17 latest first.

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