HC Deb 31 October 1983 vol 47 cc257-8W
Mr. Stern

asked the Chancellor of the Exchequer whether he will consider amending section 177 (3) of the Income and Corporation Taxes Act 1970 to allow the carry-back of a trading loss incurred by a company for two accounting periods rather than one.

Mr. Moore

I have noted my hon. Friend's suggestion but have at present no plans to extend the carry-back period under this provision.