The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X

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The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X Ltd, 25% by Y Ltd and 45% by Z Ltd. All companies are UK resident and prepare accounts to 31 March. Results for the year to 31 March 2018 are as follows:

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Taxation Finance Act 2017

ISBN: 9781292200804

23rd Edition

Authors: Alan Melville

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Question Posted: Feb 07, 2024 08:28 AM

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The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X

Question:

W Ltd X Ltd 41,000 (62,000) 10,000 Y Ltd 11,000 Trading profit/(loss) Chargeable gains What are the maximum possible group relief claims which may be made? Z Ltd 38,000

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W Ltd could claim that 10000 of its trading loss shou...View the full answer

Taxation Finance Act 2017

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