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Posted Wed, 06 Dec 2023 08:25:52 GMT by
Hi. I am filing my current self assessment from 6apr22 to 5apr23. I will pay tax for this period. For the period 6apr23 to 5apr24 I know I will pay no tax. I will not have made a loss but my expenses will not used to offset any tax. I have done some further education in this period that will benefit my business and this cost me money. Can I offset this cost onto 6apr22 to 5apr23? thanks! 
Posted Thu, 07 Dec 2023 12:21:11 GMT by HMRC Admin 25 Response
Hi rbh875765,
Not when you are completing the return for 22/23.
Please refer to guidance here:
HS227 Losses (2023)
Thank you. 

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