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Posted Fri, 15 Dec 2023 16:15:26 GMT by Bex
I paid full Tax on my PAYE job. I invested alot of money setting up my business (expenses I have logged) but made a loss. Can I claim tax back from PAYE as self employment/assessment is all personal finances. My accounting is not case basis.
Posted Wed, 20 Dec 2023 13:41:12 GMT by HMRC Admin 19 Response
Hi,

You can see helpsheet HS227, for advice on the options available for losses incurred with the commencement of your trade.  

HS227 Losses (2023)

Thank you.

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