Trading Losses and CGT
In most cases, it is beneficial to offset trading losses against income – whether that means sideways loss relief against general income or carrying forward to offset future profits of the same trade. However, sometimes the trader’s circumstances mean that…
NEW NEW TEST
Q1. I am an IT consultant that has just returned from Jersey where I was undertaking some work for the government. I want to raise my invoice now, but don’t know whether to add VAT or not following Brexit? A:…
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