Tax loss carry-forward for Corporation Tax and Self Assessment
Ltd Company · Tax loss relief
A loss this year can reduce tax in a later one, but only if you keep track of it. Statemint records losses by year, keeps Corporation Tax and Self Assessment losses separate, and offers them when you prepare later returns.
What you can do
- Search earlier years for a loss you have not logged yet
- Record or dismiss each result Statemint finds
- Add a loss by hand, choosing tax year, type and amount
- Keep Corporation Tax and Self Assessment losses apart
- Use losses against later profits when you calculate tax
Who it's for
Available to limited companies. Limited companies
Included in your plan
Every plan includes every feature for its business type, so Loss Carry-forward is part of your plan. See pricing.
Related features
Corporation TaxCT600 & CT plannerReportsP&L & financial reportsTransactionsBrowse & categoriseExpensesTrack business expenses
Self AssessmentSole trader
SA100 & tax returnMore Ltd Company features · All features