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Tax rebate possible?
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moneysaver145
Posts: 3 Newbie

in Cutting tax
I am filing my final self assessment as now ceased trading, with a loss of a several thousand. Have since become employed and paying normal amount of tax. However now that I am declaring a considerable loss for the tax year just ended, do you think there’s any chance I will be due a tax rebate? If so is it automatic?
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moneysaver145 said:I am filing my final self assessment as now ceased trading, with a loss of a several thousand. Have since become employed and paying normal amount of tax. However now that I am declaring a considerable loss for the tax year just ended, do you think there’s any chance I will be due a tax rebate? If so is it automatic?
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Dazed_and_C0nfused said:moneysaver145 said:I am filing my final self assessment as now ceased trading, with a loss of a several thousand. Have since become employed and paying normal amount of tax. However now that I am declaring a considerable loss for the tax year just ended, do you think there’s any chance I will be due a tax rebate? If so is it automatic?0
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moneysaver145 said:Dazed_and_C0nfused said:moneysaver145 said:I am filing my final self assessment as now ceased trading, with a loss of a several thousand. Have since become employed and paying normal amount of tax. However now that I am declaring a considerable loss for the tax year just ended, do you think there’s any chance I will be due a tax rebate? If so is it automatic?Box 33 in the attached:
https://assets.publishing.service.gov.uk/media/67dd4776c6194abe97358be4/SA103S-2025.pdfIf you didn’t - no relief for losses will be given.1 -
If you didn’t - no relief for losses will be given.
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