best answer > Do you have to pay tax if you make a loss 2024?- QuesHub | Better Than Quora
  • Do you have to pay tax if you make a loss 2024?

    If loss tax

    Questioner:Benjamin Torres 2023-05-08 00:38:44
The most authoritative answer in 2024
  • Lily Campbell——Studied at University of Oxford, Lives in Oxford, UK

    If the total deductible expenses for your business are greater than its income then it will have a loss for tax purposes. The business will not have to pay tax and the loss can generally be used to reduce income in future income years.read more >>
    +119962023-05-11 00:38:44

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