The Effective Use of Business Tax Losses – Basic Mechanics

Course dates

Expert-led content

Always up to date

Practical & ready to apply

CPD accredited

Learn your way

Trusted by UK firms

Course outline:

This course looks at how business loss reliefs are used and starts to consider some of the factors which may affect their optimum use.  

The scope includes both trading and property business aspects for the individual and the unincorporated business and numerous practical examples will be included.  

A subsequent course The Effective Use of Business Tax Losses – Further Matters delves into more detail on the restrictions around loss relief and other loss scenarios including farming losses and losses on share investments 

Content 

  • Review of the options for trading losses for an established, new and closing business   
  • Factors to consider when using loss reliefs for individuals    
  • Trading losses and Class 4 NIC   
  • Relief for capital gains   
  • Review of property business loss reliefs   

 

CPD Hours: 1.5 

The course does NOT include company losses.  Please see Company Tax Losses - Getting it Right. 

Person typing on laptop

Course formats and dates

Already a Mercia member?

This course may already be included as part of your membership at no extra cost.
Log in to the Hub to check availability, book a live event, or access on-demand content.

What membership gives you
  • Access to The Hub to book training and track CPD
  • Live streamed, on-demand, eLearning and face-to-face training
  • UK GAAP, professional skills and regulatory training included
  • Join 7,000+ firms who trust Mercia

Applicable local taxes and membership discounts will be added to your basket on checkout.

  • CPD tracked in The Hub
  • Recognised by ICAEW, ACCA, AAT, ATT and CIOT
  • Rated 4.5/5 on Coursecheck

Mercia Membership Packages

Sign your firm up to a Mercia Membership to receive exclusive discounts on a wide range of products.

Join today

2026 Training Programme

Explore our full list of events in our 2026 Training Programme.

Download Programme