For this relief?

Normally in Taxation we write a lot of words about tax and illustrate the words with some numbers.

This article is the other way round: it is mainly numbers illustrated with a few words.

I hope it will be the first of many so if you would like to write one or have some numerical examples you would like to send in for us to write about I would be interested to hear from you.

Charles Pascoe Tax Principal in the London Tax Group of BDO sent me some examples that he had discussed with a policy adviser at HMRC following the Budget 2009 announcement in BN13 that the three-year carry back for losses incurred in 2008-09 announced in PBR 2008 was to be extended to cover 2009-10 as well.

Charles was trying to create a situation where the taxpayer used...