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For the year ended 31 March 2020 Makab Ltd made a trading loss of £90,000 Makab Ltd has 100% of the ordinary share capital of Barrow Ltd since it began trading on 1 July 2019

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For the year ended 31 March 2020 Makab Ltd made a trading loss of £90,000 Makab Ltd has 100% of the ordinary share capital of Barrow Ltd since it began trading on 1 July 2019. For the year ended 30 June 2020, Barrow Ltd will make a trading profit of £112,000. Neither company has any other taxable profits or allowable losses. 20. What is the maximum amount of group relief which Barrow Ltd can claim from Makab Ltd in respect of the trading loss of £90,000 for the year ended 31 March 2020? A £90,000 B £84,000 C 22,500 D £67,500 (2 marks)