IR4 Question 31G Imputation credits
If the company has imputation credits, it may have a net loss to carry forward. This will happen if the company’s total imputation credits are greater than the tax payable at Box 31F.
To calculate the net loss to carry forward, subtract the amount at Box 31F from the total imputation credits (Box 31G) and divide the answer by 0.28 (28%).
If the deemed net loss is to be offset to other companies within the same group (rather than carried forward), reduce the amount of net loss shown at Box 29 by the amount offset.