Tax

Corporation Tax Losses

Trade Loss Relief, Loss Relief Groups, and 75% Capital Gains Groups

3 CPD credits on completion
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Certificate on completion
Downloadable resources
Self-paced learning

About This Course

Course Information

Get 3 units of CPD with this training course to refresh and update your knowledge on Corporations Tax Losses, covering Loss Relief Groups, and 75% Capital Gains Groups.

Certificate on Completion

This course is made up of videos, questions and additional reading materials, and accounts for 3 units of CPD. One unit is the equivalent of one hour of learning.

Course Sections

This course is made up of the following sections:

  • Company Tax losses – Video
  • Company Tax losses – Quiz
  • Loss Relief Groups – Video
  • Loss Relief Groups – Quiz 75% Capital Gains Groups – Video 75% Capital Gains Groups – Quiz
  • Additional Reading Materials

What You Will Learn

  • Explain the three factors that influence the choice of loss relief: timing, tax rate, and avoiding wasted reliefs
  • Apply current period loss relief by setting trade losses against total profits before qualifying charitable donations
  • Describe how carry-back loss relief works and why a current period claim must be made first
  • Identify the 75% direct and indirect ownership thresholds that define a loss relief group
  • Distinguish between a 75% loss relief group and a 75% capital gains group based on their different indirect ownership requirements
  • Explain how capital losses, asset transfers at no gain/no loss, and rollover relief operate within a capital gains group

Who This Course Is For

  • Tax professionals advising companies or groups on loss utilisation strategies
  • Accountants preparing corporation tax computations for companies with trading losses
  • Finance managers working with group structures who need to understand intercompany loss relief

Prerequisites

  • Understanding of corporation tax basics, including the taxable total profits proforma
  • Awareness of how group structures work (parent/subsidiary relationships)

Frequently Asked Questions

Course Details

CPD Credits3
CertificateYes

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