Hi, I am registered for SA and have completed tax returns before, I also have a 'main' job and pay income tax through PAYE. I'm SA registered for freelance work that I do on the site (never been more than £5k per year though)
I took a bit of a break from trading and started trading again in February 2016, however for the tax year 15/16 I will have made a loss as the project that I started work on in February hasn't yet been invoiced, the invoice will made at the end of April 2016.
So when I complete my SA for 2015/2016 is there a way that I can carry forward the loss into 16/17 so that I don't have to faff around with tax codes or tax rebates?
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