Even if I put £1 in the loss brought forward box, it highlights it as an error and tells me to check the entry.
I don't think is that though, because on the page it says total taxable profit £2422 and the loss I am trying to add is only £893. After adding that amount the total taxable profit goes down to £1529.
Hi all, I am confused about the "Loss brought forward from earlier years set-off against 2022-23 profits" part on the self assessment form.
In my 2021-22 tax return I made a loss of £893.00 which I added it to the "Total loss to carry forward after all other set-offs - including unused losses brought forward:" part of my 21-22 self assessment.
Now, I try to add this amount to the "Loss brought forward from earlier years set-off against 2022-23 profits" box but I get a warning notice at the top of the page that says
"IMPORTANT: Please check the help on the 'Loss brought forward' field and review the figure entered in this box"
Have I done something wrong or is it a generic warning?
Thank you :)