Question 5a ii
Marking Guide
(ii) Relief of the loss for the tax year 2012/13
The reliefs available 2
Tax savings – 2012/13
Business assets 1·5
House 2
Tax savings – 2011/12 1
Relief of the terminal loss
The reliefs available 3
Tax savings – terminal loss 1
Tax savings – excess of trading loss over terminal loss 1·5
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12
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