(b) Explain by reference to Hira Ltd’s loss position why it may be beneficial for it not t

参考答案:

(b) The advantage of Hira Ltd not claiming any capital allowancesIn the year ending 31 March 2007 Hira Ltd expects to make a tax adjusted trading loss, before deduction of capitalallowances, of ￡55,000 and to surrender the maximum amount possible of tradi