group tax

Gill Gittings
Gill Gittings Registered Posts: 121 Dedicated contributor 🦉
Can someone help me. I have a client who has used losses from a subsidiary to offset against profits of another subsidiary.

My boss says this is not right (he is a ATT qualified) but I am sure I read a post from Steve saying that this could be done?

Is it wrong to transfer losses from one company to another?


  • farmergiles
    farmergiles Registered Posts: 1,693 Beyond epic contributor 🧙‍♂️
    I have done this in the past and I feel sure that it is in the Technician syllabus
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