Related HMRC Manuals

1(1)  Part 2 is about calculation of the corporation tax chargeable on a company's profits, in particular–

(a)the rates at which corporation tax on profits is charged (see Chapter 2),

(b)ascertaining the amount of profits to which the rates of tax are applied (see Chapter 3), and

(c)the currency in which profits are to be calculated and expressed (see Chapter 4).

1(2)  Parts 4 to 7 make provision for the following reliefs–

(a)[omitted by FA 2014, s. 7 and Sch. 1, para. 2(b),]

(b)relief for trade losses (see Chapters 2 and 3 of Part 4),

(c)relief for losses from property businesses (see Chapter 4 of Part 4),

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