[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-28670":3,"doc-seo-28670":26},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"file_id":15,"file_url":16,"file_type":17,"file_size":18,"view_count":4,"is_deleted":4,"is_public":19,"is_downloadable":19,"audit_status":19,"page_count":20,"language":21,"language_code":22,"table_of_contents":23,"faqs":23,"seo_title":13,"seo_description":14,"update_tm":24,"read_time":25},28670,137441390410,"Hazel","https://ap-avatar.wpscdn.com/avatar/2000252f4ab5702993?_k=1776741390130283984",8,"Research & Report","Loss Relief for Single Companies","This document, titled \"Loss Relief for Single Companies,\" from Chapter 21, provides a comprehensive overview of relief mechanisms for trading losses in a corporate context. It details various strategies for offsetting these losses, including carry-back to the previous 12 months on a Last-In, First-Out (LIFO) basis, with a preference for current year relief. Losses can also be carried forward indefinitely, with partial claims permitted even if current year relief is not utilized. The document clarifies that carry-back relief is contingent upon a current year claim being made. It further elaborates on Terminal Loss Relief, defining it as the loss incurred in the final 12 months of trading. Property business losses are discussed, noting their automatic offset against total profits in the current period and subsequent carry-forward for future periods. Crucially, property business losses cannot be carried back and partial claims are not permitted in the current period, though they are allowed for carry-forward scenarios. Capital losses are also addressed, outlining relief against chargeable gains of the same accounting period and carry-forward to future periods. Similar to property business losses, capital losses cannot be carried back, and partial claims are not allowed. The document concludes with a thank you, suggesting it may be part of a presentation or educational material.","cbCaihBkiQzn10IY","https://ap.wps.com/l/cbCaihBkiQzn10IY","pdf",292735,1,6,"English","en","",1778280252,15,{"code":4,"msg":27,"data":28},"ok",{"site_id":29,"language":22,"slug":30,"title":13,"keywords":23,"description":14,"schema_data":31,"social_meta":65,"head_meta":67,"extra_data":69,"updated_unix":24},105,"loss-relief-for-single-companies",{"@graph":32,"@context":64},[33,50],{"@type":34,"itemListElement":35},"BreadcrumbList",[36,40,44,47],{"item":37,"name":38,"@type":39,"position":19},"https://docshare.wps.com","Home","ListItem",{"item":41,"name":42,"@type":39,"position":43},"https://docshare.wps.com/document/","Document",2,{"item":45,"name":12,"@type":39,"position":46},"https://docshare.wps.com/document/research-report/",3,{"item":48,"name":13,"@type":39,"position":49},"https://docshare.wps.com/document/loss-relief-for-single-companies/28670",4,{"url":48,"name":13,"@type":51,"author":52,"headline":13,"publisher":54,"fileFormat":57,"description":14,"dateModified":58,"datePublished":58,"encodingFormat":57,"isAccessibleForFree":59,"interactionStatistic":60},"DigitalDocument",{"name":9,"@type":53},"Person",{"url":37,"name":55,"@type":56},"DocShare","Organization","application/pdf","2026-05-08",true,{"@type":61,"interactionType":62,"userInteractionCount":4},"InteractionCounter",{"@type":63},"ViewAction","https://schema.org",{"og:url":48,"og:type":66,"og:title":13,"og:site_name":55,"og:description":14},"article",{"robots":68,"canonical":48},"index,follow",{"doc_id":7,"site_id":29}]