Not utilising the b/f capital losses against the gain during the year
Article ID
ias-11645
Article Name
Not utilising the b/f capital losses against the gain during the year
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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