stupid question time

wildgoose1uk
wildgoose1uk Registered Posts: 199 Dedicated contributor 🦉
edited June 18 in AAT member discussion
I know this is a stupid question and I know the answer to it but just cannot find it in a book at the moment. I am currently completing a self assessment return for which there is one property rental. The rental has always made a loss since it started.

Is there any limit on carrying unrelieved losses forward?

Told you it was a stupid question! :)

Comments

  • clegganator
    clegganator Registered Posts: 176 Dedicated contributor 🦉
    Don't think so and can't think of an reason why there should be a cap...
  • wildgoose1uk
    wildgoose1uk Registered Posts: 199 Dedicated contributor 🦉
    Cheers Clegg...... That was my thinking too.

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