Entering the losses
To enter the losses to carry back:
- Open the Trade screen and click on the Losses tab.
- Ensure your calculated for this period is correct in the Loss arising in period
- Scroll down and locate the Loss carried back to previous year
- Enter the amount of losses to carry back
Making a claim for a repayment
To make a claim for repayment:
- Click on Computation Data
- Open the Information for the Return tab
- Tick the appropriate button, Repayment due for an earlier period
Losses brought forward
- Access Trade
- Click on the Losses button
- Enter your losses
- Enter any losses offset against current year trade profits/total profits
NOTE: You need to split your losses between pre and post April 2017.
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