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making a loss on self-assessment

1 reply

Merguez · 15/01/2014 12:42

I started my self-employment in january - i did not start earning decent money until june; so i will have made a loss for this tax period - as i had some setup costs and marketing costs. am i allowed to carry that loss forward to next year to reduce my subsequent tax bill?

OP posts:
TalkinPeace · 15/01/2014 21:22

absolutely

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