(b) The tax relief available in respect of the anticipated trading losses, together with s

(b) The tax relief available in respect of the anticipated trading losses, together with supporting calculations and

a recommended structure for the business. (16 marks)

Aral Ltd owned by BandaThe losses would have to be carried forward and deducted from the trading profits of the year ending 30 June 2010.Aral Ltd cannot offset the loss in the current period or carry it back as it has no other income or gains.Aral Ltd own