Closing Ltd - Terminal Loss Relief

[VectraMan]

Can you not just do a "normal" loss carry back, ie to the previous year? Ie did you make a £10k+ taxable profit last year? If so, you should be able to offset the current year loss against that, without it using terminal loss relief.

WHS.

Not quite the same, but for a Plan B co. a few years ago I managed to get a refund for a bad debt. I.e. we paid CT at the end of one year on the basis of an outstanding invoice, then after a year had given up on it, declared the loss, and then got a CT refund. Only then did we close the company down having paid the remaining money out as a dividend.