会计专业的朋友们！！

Ronald and Graham formed a partnership on 6 April 2020. Ronald contributed capital

of ￡250,000 to the partnership. They agreed that Ronald should receive 3% interest on

capital per annum. The remaining profits and losses are to be shared 40:60 to Ronald

and Graham. They are both actively engaged in the partnership business.

Ronald had employment income of ￡150,000 in previous years but will only have

income from the partnership from 2020/21 onwards. Graham has savings income of

￡20,000 per annum.

In the year to 5 April 2021, the partnership made a trading loss of ￡180,000.

Requirement

Explain the loss relief(s) available to Ronald and Graham.