SA108 : Can I set off income losses against Gains?

Put the amount of any allowable trading losses that you want to set against chargeable gains in box 16. This should be the lower of:

• the total losses you can claim

• the amount required (after setting off capital losses for the year) to reduce the gain to zero

 

• Click on the CAPITAL GAINS PAGE & ADD GAIN

 

• Select LOSSES from the drop down list

  

• Enter the amount you wish to set off a Gain 
  

 

• Click SAVE

 

• Related Articles

• SA103s Box 34: How do I set off the self employed loss against other income for 2024–25?

  If you have a Self Employed loss from the current year and want this to be carried back to previous years and set off against income (or capital gains), please follow the steps below: If you have not added the Self Employed page already, please click ...

• SA108: How to add EIS/SEIS loss relief

  1. Click '+ NEW PAGE' and then select 'Capital Gains (SA108)' from the list of sources of income 2. Click '+ GAIN' and then select 'Unlisted shares and securities' from the drop-down list of categories. 3. Under the 'SALE' tab, enter the price you ...

• SA100 : Claiming loss relief against other income in same year

  If you make a loss in your self-employment, you can offset the loss against your other income in the same tax year. To do this, ensure your self-employment pages have been completed in full and head over to the REPORTS page and download a copy of ...

• SA103s Box 33: How do I set off the self employed loss against other income for 2024–25?

  If you have a Self Employed loss from the current year and want to set it against this year's other income, please follow the steps below: If you have not added the Self Employed page already, please click on + NEW PAGE on the left of the screen. ...

• SA101 Ai4 Box 1: How do I show Earlier years’ losses, which can be set against certain other income?

  To show Earlier years’ losses, which can be set against certain other income, please follow the steps belows: click the + NEW PAGE button on the left of the screen: Select 'Other Income and Losses (SA100 & SA101)' from the list shown Next click + ...