Home For AAT student members AQ 2013 AAT Level 4 (Level 8 in Scotland)
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Rental Losses - Corporation Tax

Just wondered if someone could reassure me about rental losses as my two textbooks seem to be giving me different information about them.

I understand that rental losses can be deducted from the current year's PCTCT and then any remainder can be carried forward. But when they are carried forward are they only written off against rental profits in that year or against all profits?

Any help gratefully received.
CelticStar :001_smile:


  • popcornlpwpopcornlpw Feels At Home Registered Posts: 30

    I think you can deducte the rental losses in the current PCTCT and PCTCT next year as well

    Only Capital losses are against Capital gain
  • CelticStarCelticStar Well-Known MAAT Posts: 142
    Thank for replying Popcorn. I know that can't be deducted from future chargeable gains but wondered if they could be deducted from all of the other income or just the property income - to be honest, I'm guessing it is all of the other income excluding CG.

    Thanks again. :001_smile:
Sign In or Register to comment.