Jersey:
Taxation In Jersey - Relief for Trading Losses
26 March 1999
KPMG
To print this article, all you need is to be registered or login on Mondaq.com.
Trading losses may be relieved against the aggregate amount of income for the year to which the losses are referable. This results in the ability to carry back the loss for one year. Alternatively trading losses may be carried back effectively two years and set against trading profits. In addition relief is available against future trading profits without time limit.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Jonathan G. Hooley on Tel (indirect line): + 44 (0) 1481 721000, Tel (direct line): +44 (0) 1481 719544, Fax: +44 (0) 1481 722373.
We operate a free-to-view policy, asking only that you register in order to read all of our content.
Please login or register to view the rest of this article.
International Financial Reporting Standards (IFRS) are constantly evolving, providing new ways for businesses to present their financial position and performance...
This newsflash highlights the features of the new Circular CSSF 23/845 that is relevant for credit institutions incorporated under Luxembourg law,1 including their branches...
The article explores the recent regulatory audits in the UAE's Designated Non-Financial Businesses and Professions (DNFBP) sector, emphasizing the audits...
The last decade has seen Malta emerge as the undisputed front-runner in the regulation of the online gaming industry. According to the latest MGA Annual Report, as of the end of 2022...
New and emerging technologies and accelerated digitalisation are radically changing the future of audit. At KPMG we are committed to transforming the future of audit by serving the public interest...
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.