I brought forward a loss, from 2014/15 into the 2015/16 tax return of £6200.
[I spent £6200 for an item, which I ultimately did not use for business purposes.]
I want to resubmit the 2014 tax return, and make a late declaration to the revenue that I did not make that £6200 loss, and that I no longer want to not want to carry £6200 forward as a loss into 15/16
I am self employed.
In theory is this possible and acceptable?
Can I just write the loss off?
Because the people at the revenue tell me that I can. But an accountant I called tells me I cannot.
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