Loss Relief
Detailed and separate rules apply to how all the different types of losses may be set off within a company. A detailed explanation of these can be found in: United Kingdom corporation tax loss relief.
Read more about this topic: United Kingdom Corporation Tax
Famous quotes containing the words loss and/or relief:
“Every nation ... whose affairs betray a want of wisdom and stability may calculate on every loss which can be sustained from the more systematic policy of its wiser neighbors.”
—James Madison (1751–1836)
“It smells like gangrene starting in a mildewed silo; it tastes like the wrath to come, and when you absorb a deep swig of it you have all the sensations of having swallowed a lighted kerosene lamp.”
—For the State of Kentucky, U.S. public relief program (1935-1943)