Originally posted by ittony
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In that case then, as you have made a profit in previous years, why not simply offset current losses against previous profits and get some CT back from the HMRC for this year? Makes far more sense that deferring it for a few years in the future.
EDIT: saw the reason why in an earlier post.
But you do need to consider whether your business is going to profitable ever. Given the current economic situation. Perhaps an open and honest conversation with a professional is the best bit of advice you can get here?
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