Hi
I have an investment property which I made a loss on in 2009 tax returns. And in 2010 I made a small profit before carrying fwd the loss from 2009. Does anybody know if I will be liable to pay tax in my 2010 returns if I have a overall loss ( when I include the 2009 loss)?
I have an investment property which I made a loss on in 2009 tax returns. And in 2010 I made a small profit before carrying fwd the loss from 2009. Does anybody know if I will be liable to pay tax in my 2010 returns if I have a overall loss ( when I include the 2009 loss)?