Good Business Start

Don't miss out on your pre-incorporation loss relief! You've been running your business as a sole trader for a few years. The first year was rough - you made a loss. Maybe the second year too. But now you're profitable and you're planning to incorporate into a limited company for tax efficiency in the next few months. Here's the question nobody seems to answer clearly: what happens to those losses you've been carrying forward? The short answer? They don't transfer to your new