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Nope losses should be handled the same way as gains are for...

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UniversalTrader

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28/04/24

12:09

Post #: 73542846
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Originally posted by Tarvold: ↑

'Most businesses' don't have a business plan to lose money intentionally so that they can reduce their tax payments!

I see you completely ignored my analogy about going to work to lose money.

'later become earners'
In that case you should have no objection to ring fencing the losses & carrying them forward to future years to when profits are made?

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Nope losses should be handled the same way as gains are for taxation fairness

Your income earner example was stupid and rightly ignored
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