Not utilising the b/f capital losses against the gain during the year

Article ID

ias-11645

Article Name

Created Date

13th June 2014

Product

IRIS Business Tax

Problem

Business Tax is not automatically utilising the b/f capital losses against the capital gain during the year

Resolution

To utilise the capital losses, please follow the steps below:- 1. Select a different Limited Company within Business Tax 2. Run an enhanced tax computation for this company 3. Go back to the original client, and the capital losses should now be utilised

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