CT losses guidance updated
Released 22 June 2020
HMRC have updated their guidance on terminal, capital and property income losses for corporation tax (CT) to include information about non-resident companies with an existing UK property business at 5 April 2020 and the interaction of CT losses with income tax property losses.
View the guidance at https://www.gov.uk/guidance/corporation-tax-terminal-capital-and-property-income-losses.
HMRC have also updated their guidance Carry forward Corporation Tax losses to reflect the changes.