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chessboard82
03-02-2011, 15:10 PM
Hi,

Please help. I carried forward a loss in 08/09 (£800) to 09/10. 09/10 (£900) has made an even bigger loss. So what can i carry forward to next year £900 or £1700? Can losses be carried forward for more than a one year period?

Many thanks.

TaxationPete
03-02-2011, 16:25 PM
£1700. Have you not submitted your SATR yet. ? Regards Peter

chessboard82
03-02-2011, 19:38 PM
Thanks Taxation Pete. Yes i have submitted the tax return before the deadline.

I just wanted to be clear that losses can be carried over years rather than just the previous year. Correct?

Thanks again