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PTP TR-Losses brought forward not being utilised

Article ID
kba-03547
Article Name
PTP TR-Losses brought forward not being utilised
Created Date
28th December 2016
Product
Problem
Losses brought forward are not being utilised
Resolution

The calculation is showing correctly.

Previously in the calculation,  losses b/f were automatically offset against the profit and any profit left over would show on the computation.

In the year 15/16 HMRC asked us to change our computations so that all profit now shows on the computation and any losses that have been brought forward and utilised this year will show under Deductions/Income Tax Relief.

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