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Posted Wed, 13 Dec 2023 23:40:43 GMT by
Hello: I am filing my Corporate Tax using the online free HMRC tool. I have trading losses from previous years. I could not find the way to carry forward those losses. I have a profit this year (P&L) but a Trading Loss due to 100% FYA of EV car purchase. Could I reduce my FYA on the EV car this year to have a trading profit, and if so, where is the entry (to populate box 160 of the CT600 ) in the online tool? Thank you.
Posted Thu, 21 Dec 2023 09:55:07 GMT by HMRC Admin 25 Response
Hi BQC,
Hello, there is a help facility on every page of the online filing tool, please use that to ask questions about using that facility.
Regarding Capital Allowances, please see HMRC's Capital Allowances manual on the gov.uk website.
Please see guidance here:
CA23535 - Plant and Machinery Allowances (PMA): cars: outline of rules
Thank you. 

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