I made a loss this year, which was my last year of trading. The previous year I made a profit and also had to pay some on account.
I filed my tax return by myself this year as I can't afford an accountant being that I'm no longer trading. I checked the box to have this years loss carried back to last year. Today I've looked at my account online and they are quoting an overpaid amount that only relates to the amount I've paid on account. Am I likely to get the amount of the loss back in tax? So if lets say this years loss was £1,000 should I also get a rebate of £1,000 as well as the money on account?