Budget 2020: Loss carry-back scheme will allow businesses to reclaim last year’s taxes Coronavirus Stephanie Palmer-Derrien 6 October 2020 The government has confirmed a loss carry-back scheme that will allow businesses to claim back taxes paid on last year’s profits.
Budget 2020: Kate Carnell welcomes potential ‘loss carry-back’ provision to boost small business cashflow Cashflow Stephanie Palmer-Derrien 5 October 2020 Treasury is considering a scheme allowing SMEs to claw back tax paid on last year’s profits, to be announced in tomorrow night’s budget.
