Loss Ring-Fencing
Certain losses can only offset the same type of income.
Example:
Rental property losses can only reduce rental income, not your salary. Keeps tax fair.
Visual idea: A fenced area labelled “rental losses.”
Certain losses can only offset the same type of income.
Example:
Rental property losses can only reduce rental income, not your salary. Keeps tax fair.
Visual idea: A fenced area labelled “rental losses.”