HM Revenue & Customs

Foreign Income 49 - Total loss to carry forward to the following year

If you made a net profit, this figure will be the 'Total loss brought forward from earlier years', less any of that loss set off against the 'Total adjusted profit'.

If you've made a net loss, this figure will be the 'Total adjusted loss', plus 'Total losses brought forward from earlier years'.

The time limit for claiming this is 5 April 2025.

You'll need this figure for next year's Tax Return.

If you have set any of your loss against your EEA Furnished Holiday Lettings, or against total income of this tax year, if certain restrictions apply, reduce this figure by the amount used when you carry forward the loss next year.