London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Companies and losses

Unfortunately the Government is committed to introducing the loss relief changes originally introduced in their business tax roadmap. Whilst there is not yet very much detail on the changes, they are important.

Broadly it appears that relief for losses arising after 1 April 2017 will be much more flexible in terms of offset on a group basis and against different forms of income.  However, the flexibility carries a price, from 1 April 2017 there will be a 50% restriction on offset of losses where profits exceed £5 million on a group wide basis.



Date: 24th November, 2016
Author: Cathy Corns


Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.


Football #finance short-term cost control, profitability and sustainability @mercerhole Andy Turner sheds light on……

Lisa Spearman, Private Client Partner updates on 'Changes to Main Residence Relief from Capital Gains Tax'……



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn