<p>When looking at income tax it is important to understand how to use losses. Apart from continuing sole traders there is also special loss relief available in opening and closing years. </p>

When looking at income tax it is important to understand how to use losses. Apart from continuing sole traders there is also special loss relief available in opening and closing years.

<p>When looking at income tax it is important to understand how to use losses. Apart from continuing sole traders there is also special loss relief available in opening and closing years.&nbsp;</p>

Income Tax Losses Overview

Neil Da Costa is the renowned UK Tax Kaplan lecturer who lectures on a wide range of finance qualifications such as ACCA, ACA, CTA, and CIMA. Neil is the author of Advanced Tax Condensed and Taxation Condensed which are innovative memory joggers that summarise the vast tax syllabus In this podcast series, he distills the essential knowledge you need to know on a tax topic in no more than 15 minutes. . Visit neildacosta.co.uk for further information and to access study and exam techniques. Connect with Neil on LinkedIn for regular tax updates, motivation, and productivity tips.

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Income Tax Losses Overview

Income Tax Losses Overview