hmrc new rules on applying for UTR

CakeCrusader

[Deleted User] wrote:

I think that you should be thanking HMRC, not criticising them. HMRC have gone out of their way by telling you where to claim the loss and that is unusual as they cannot decide how to utilise the loss- this is a entry that should have been made by you. It appears that you have declared the loss but not claimed it by placing it in the correct box - it appears that HMRC has not 'messed up' at all. I repeat - self-employed loss relief is not granted by an adjustment to a tax code for a future year - at least never in my experience.

I'm sorry if I'm giving the impression that I'm ungrateful Thank you for your help too (beer)

[Deleted User]

CakeCrusader wrote: »

I'm sorry if I'm giving the impression that I'm ungrateful Thank you for your help too (beer)

If the loss is claimed correctly you will have overpaid, presumably for 2015/16 and you should receive the repayment in one lump sum. If it is 2015/16 you actually have until 31January 2018.

CakeCrusader

[Deleted User] wrote:

If the loss is claimed correctly you will have overpaid, presumably for 2015/16 and you should receive the repayment in one lump sum. If it is 2015/16 you actually have until 31January 2018.

Thank you. I just want to make sure it's all done correctly really, I don't fancy a bill in the post that I won't be able to pay.