The Government has decided that from April 2001 the rules applying to carry forward and carry back w...
The Government has decided that from April 2001 the rules applying to carry forward and carry back will change. The rules for carry back will be restricted and carry forward will be abolished. However, following a recent Inland Revenue concession, if it is combined with carry back, carry forward may still be used between 6 April 2001 and 31 January 2002, These changes represent a classic marketing "window of opportunity" or "race to the deadline," offering many people valuable opportunities to save tax and boost potential income in retirement. So it is clearly important that financial a...
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