Policy paper

Corporate capital loss restriction for Corporation Tax

This measure introduces corporate capital loss restriction rules for chargeable gains accruing on or after 1 April 2020 for companies chargeable to Corporation Tax.

Documents

Draft legislation

Explanatory note

Details

Companies who accrue chargeable gains will only be able to offset up to 50% of those gains using carried-forward allowable (capital) losses for accounting periods ending on or after 1 April 2020.

Read the ‘Corporate Capital Loss Restriction’ consultation and summary of responses.

Updates to this page

Published 11 July 2019

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