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Posted Wed, 16 Oct 2024 12:09:17 GMT by the sanewit
I understand that from 24/25 sideways loss relief is available to self employed persons making a loss. If such a person has a carried forward loss from 23/24 can sideways loss relief be claimed in 24/25 (assuming the entire c/f loss is not wiped out by 24/25 profits)?
Posted Thu, 24 Oct 2024 15:41:38 GMT by HMRC Admin 20 Response
Hi,
HMRC cannot comment on future events as legislation may change.
Thank you.
Posted Thu, 24 Oct 2024 17:21:59 GMT by the sanewit
This is not about future events. It's about what happens this tax year year as a result of the changes announced in the 2023 Autumn statement.
Posted Thu, 31 Oct 2024 15:17:47 GMT by HMRC Admin 20 Response
Hi,
Next year is still a future event and legislation can still change.
Thank you.

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