Offsetting crash losses against tax

Sir, – Thank you for the clarification on tax deductions (News Agenda, July 27th). If corporations can legally offset their gambling losses against tax, I can therefore offset the money I spend on the Lotto against tax. Good news at least. Should my claim be rejected, I shall be writing to Minister for Finance Michael Noonan with a few pertinent questions. – Yours, etc,

DICK BARTON,

Researcher and writer,

Kevin Street,

Tinahely,

Co Wicklow.