If your husband only earned £2,500 during the year then the setting the losses against this income would just be a waste as itis covered by his personal allowances.
You will need to look at his income for the past four years to determine the best course of action.
Dean Shepherd
dean.shepherd@mmi-online.co.uk
MMI Accountancy
www.mmi-online.co.uk
Loss in First Year - What Box to fill in?
11 posts • Page 2 of 2 • 1, 2
by deanshepherd on Tue Sep 13, 2005 4:02 am
- deanshepherd
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11 posts • Page 2 of 2 • 1, 2
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