Sometimes losses cannot be fully tax relieved in the year they were made. The unused amount is carried forward for tax relief in a later tax year. Some unused reliefs, such as unused personal pension relief can be carried forward, but only for a specific period of time.
Found on
http://www.encyclo.co.uk/local/20949
A term applicable to personal pensions regarding tax rules which allow an individual to make... <a target=_blank href='http://www.finance-glossary.com/terms/carry-forward.htm?id=220&ginPtrCode=00000&PopupMode=false' title='Read full definition of carry forward'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
Sometimes losses cannot be fully tax relieved in the year they were made. The unused amount is carried forward for tax relief in a later tax year. Some unused reliefs, such as unused personal pension relief can be carried forward, but only for a specific period of time.
Found on
https://www.encyclo.co.uk/local/20956
No exact match found.
