Grebe Ltd owns 100% of the ordinary share capital of Bird Ltd. For the year ended 31 March 2016 Grebe Ltd had taxable total profits of ￡225,000. For the nine-month period ended 31 December 2015 Bird Ltd had a trading loss of ￡145,000.How much of Blue Ltd’s trading loss can Green Ltd claim against its taxable total profits for the year ended 31 March 2015?
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