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claiming a loss on tax return

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Hey guys - i made no money at all in the 09-10 tax yr, no invoices, nothing but had expenses.

do i claim these as allowable losses?
im a sole trader.
:A

Comments

  • Flyboy152
    Flyboy152 Posts: 17,118 Forumite
    dearbarbie wrote: »
    Hey guys - i made no money at all in the 09-10 tax yr, no invoices, nothing but had expenses.

    do i claim these as allowable losses?
    im a sole trader.
    On what date did you register with HMRC that you are self-employed?
    The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark
  • i registered as a sole trader the year before last - last tax return i made a bit of cash through freelancing (still made a loss) but this year concerned i did none at all.
    :A
  • the capital gains section is confusing the HELL outta me!
    :A
  • Flyboy152
    Flyboy152 Posts: 17,118 Forumite
    dearbarbie wrote: »
    the capital gains section is confusing the HELL outta me!
    Have you made any capital gains in that year?
    The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark
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