UK Property 41 - Loss set-off against 6 April 2020 to 5 April 2021 total income

You can only set-off the loss displayed in 'Adjusted loss for the year' against total income if the loss:

• is due to certain agricultural expenses and your property rental business includes land used for agricultural purpose
• arose as a result of claims to capital allowances, and your capital allowances exceed your balancing charges

The loss that may be set-off is limited to the lowest of:

• net capital allowances
• adjusted loss for the year
• the amount of your other income

Enter the amount you wish to set-off together with the amount of any similar loss brought forward from last year.