HMRC have provided further details of how to claim non-trading losses on intangible fixed assets and excess management expenses. The HMRC guidance covers the following topics:
- Carry-forward of corporation tax losses
- Working out and claiming relief from corporation tax trading losses
- Corporation tax: loans to participators by close companies
- Corporation tax forms
- Company tax return obligations
https://www.gov.uk/guidance/the-company-tax-return-guide#full-publication-update-history
Related content from Claritax Books
Loss reliefs, including reliefs for losses incurred by companies on intangible fixed assets, are covered in depth in the book Tax Losses, written by Katherine Ford BCom FCCA, CTA (Fellow).