Taxation of the unincorporated business (for Advanced Taxation - United Kingdom (ATX-UK) (P6))

(1). Abel has always prepared accounts to 30 June. What are the basis periods for the final two tax years if he ceased to trade on either:

(i) 28 February 2018, or
(ii) 31 May 2018?

(2). Duncan ceased trading and realised a loss in his final trading period.

What alternative reliefs are available in respect of this loss?

Taxation of the unincorporated business (for Advanced Taxation - United Kingdom (ATX-UK) (P6)) - part 1: self-test