Keeping you up to date with the latest news and happenings in the worlds of accounting, tax and insolvency
Overlap profits – What are they and when is relief given?
Overlap profits – What are they and when is relief given? Under the current rules for determining which profits of an unincorporated business are taxed in a particular tax year, some profits may fall to be taxed twice in the opening years of a business. These profits are...
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