Complexities of Buying a Loss-Making Company The budget in March made a number of changes to current rules, including the proposition to relax current rules in relation to setting off any company losses against profits. These proposed changes which seek to simplify the rules, are currently at the consultation stage, however if these rules are indeed relaxed, they will take effect from April 2017. At this stage, the current rules still apply, which means that any set off is … [Read more...]