Adjustment to profit 01 - Adjustment to profit for basis period

Please note that you can also include here furnished holiday lettings losses of previous years or income from property losses used against furnished holiday lettings profits.

Enter the adjustments to arrive at the profit (or loss) for your basis period.

If you have an income from UK property loss entered in the 'Share of profit or loss for 2017 to 2018 from UK property (available from box 19 on your partnership statement field') you can set it against furnished holiday lettings profit of the year up to the level of the furnished holiday lettings profit.

Use this box (a minus entry), adding or subtracting any adjustments to profit for the basis period above as necessary.

For full details of the rules for working out your basis period and any adjustments for basis period please follow the link Help Sheet 222.