Self Employed full 56 - Adjusted profit for 2020 to 2021

This entry has been calculated automatically for you from figures you have entered. A loss will be shown on the Losses page.

You cannot use the 'trading income allowance' to create a loss, unless you have claimed overlap relief. Any loss cannot exceed the amount of overlap relief clamed in 'Overlap relief used for the year 2019 to 2020'.