Owner is 100% shareholder of Company A.
Company A has accumulated losses of £0.5m.
Owner is buying asset purchase of Company B which makes £150k per annum.
Owner would like to show profits of asset purchase for 1 or 2 years then combine with Company A and utilise losses accumulated against future profits.
Question is how to achieve objective with best results. Assumption is to set up Company C to hold assets purchased from Company B.
Real life scenario, conflicting advice received re ability to offset historic losses of merged entity. Thanks.
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