Relief claimed for later years trading loss section (SA100)
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Relief claimed – enter the amount of the relief being claimed. Ensure that all the information on the relief claimed is included in the Additional text note.
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Amount of relief not subject to limit on Income Tax reliefs – from 2014 there is a limit on the amount of sideways relief available for losses. Relief is limited to £50,000, or 25% of adjusted total income if higher. See HMRC helpsheet 204. Enter in this box the amount of relief which is NOT subject to the limits of relief.
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Tax year for which claiming – enter the tax year against which the loss is being claimed.
Additional text note for Tax Return
Enter any additional information you wish to appear in the white space of the tax return.