16/10/2026
Has your company invested in new machinery or equipment and subsequently made a loss for corporation tax purposes?
You may be able to claim tax relief for the loss and potentially receive a corporation tax refund, helping to provide a valuable cash-flow boost for your business.
There are different options available, including:
• Carrying losses back to offset against previous profits and potentially generate a tax refund
• Carrying losses forward to offset against future profits
• Considering the timing of a claim and the corporation tax rates that apply
The most suitable option will depend on your company's individual circumstances, including previous and expected future profits.
If your business has made a loss or you’re considering significant capital investment, it’s worth understanding how the available tax reliefs could affect your cash flow.
For more information, get in touch with Ward Goodman on 01202 875 900 or visit www.wardgoodman.co.uk/contact.