## Documentation Index Access the complete documentation index at: https://www.zoho.com/uk/books/help/llms.txt Use this file to discover all available documentation pages before proceeding. # Individual Losses **Note:** You can only generate and submit Individual Losses for the 2025–26 tax year. Under Making Tax Digital (MTD) for Income Tax, you may need to report or update loss-related details for a tax year, depending on the business source, the type of loss and HMRC rules. In Zoho Books, you can use the Brought Forward Loss and Loss Claims forms to record supported loss details, review figures available from HMRC where applicable, and submit updates to HMRC. **Scenario:** A sole trader reported a qualifying loss in an earlier tax year and wants to use that loss in a later year, or change how an eligible loss is claimed. They can create the relevant form in Zoho Books, review the available figures, finalise the form and submit the update to HMRC. ## Brought Forward Loss A Brought Forward Loss is a loss from a previous tax year that can be carried forward to reduce taxable profit in a later tax year, subject to HMRC rules. For example, if you made a loss last year and a profit this year, you can offset the earlier loss against the current profit and pay tax only on the remaining amount. Using Zoho Books, you can generate a Brought Forward Loss form, review figures fetched from HMRC, enter the loss amount you want to use, and submit the update to HMRC. ### Generate Brought Forward Loss Form Before generating a Brought Forward Loss form, you must first create a Brought Forward Loss form. Here’s how: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Click **Create Additional Submission** in the top right corner. * In the _Create Additional Submission_ pop-up, fill in the following fields: * Select the tax year for which you want to generate the form in the _Tax Year_ field. * Select **Brought Forward Loss** in the _Submission Type_ field. * Click **Create**. ![Create Brought Forward Loss](/uk/books/help/images/mtd-it/individual-losses/create-bfl.png) The Brought Forward Loss form will now be created in the **Draft** status and listed under the _End of Year_ section of the _To Be Filed_ tab. To generate the Brought Forward Loss form: * Click the newly created Brought Forward Loss form from the _End of Year_ section. * In the _Generate Brought Forward Loss_ page, select your **Business Name** for which you want to record the Brought Forward Loss details. * Select the tax year from which you wish to carry forward the loss in the _Tax Year Brought Forward From_ field. * Select the loss type (such as UK Property or Self Employment) in the _Type of Loss_ field. * Enter the amount in the _Loss Amount_ field. * Click **\+ Add New Row** if you want to carry forward losses from another tax year. Each row allows you to add loss details for a different tax year and is treated as a separate entry in the submission. To delete a row, click the _More_ icon next to the row and select **Delete**. * Click **Save and Generate**. ![Brought Forward Loss Form](/uk/books/help/images/mtd-it/individual-losses/finalise-bfl.png) * In the confirmation pop-up, click **Finalise Update**. The form will now be generated and saved in Zoho Books, and its status will change to **Finalised**. * * * ### Edit Brought Forward Loss Form To edit a Brought Forward Loss form in the Finalised status before submitting it to HMRC: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the finalised Brought Forward Loss form that you want to edit. * Click the _More_ icon in the top-right corner and select **Edit**. ![Edit Brought Forward Loss](/uk/books/help/images/mtd-it/individual-losses/edit-bfl.png) * In the confirmation pop-up that follows, click **Continue to Edit**. * The status of the form will now be changed to **Draft** and you can make the necessary changes in the required fields. * Click **Save and Generate** once you have made all the necessary changes. * In the confirmation pop-up, click **Finalise Update**. The changes will now be updated and saved in Zoho Books. To edit a Brought Forward Loss form in the Submitted status: **Note:** If you edit a Brought Forward Loss form in the Submitted status, the changes will also be reflected in the HMRC portal. Note that after submission, only the _Loss Amount_ field can be edited. * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the submitted Brought Forward Loss form that you want to edit. * Click the _More_ icon in the top-right corner and select **Edit**. * In the confirmation pop-up that follows, click **Continue to Edit**. * The status of the form will now be changed to **Draft** after which only the _Loss Amount_ field will be available for editing. You can refer to the _HMRC Figures_ column to view the loss amount that was submitted previously. * Click **Save and Generate** once you have made all the necessary changes. * In the confirmation pop-up, click **Finalise Update**. After editing the form, you have to [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Brought-Forward-Loss-Form) it again. You can track the amendment status of the form in the _Status_ column of the _Brought Forward Loss_ table. Status Description **Amended** The changes made have been successfully submitted to HMRC. **Amendment Failed** The changes made could not be submitted to HMRC. Review the details and submit the form again. * * * ### Delete Brought Forward Loss Form To delete a Brought Forward Loss form in the Finalised status: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Hover over the Brought Forward Loss form in the Draft or Finalised status that you want to delete, click the dropdown that appears and select **Delete**. ![Delete Brought Forward Loss from List](/uk/books/help/images/mtd-it/individual-losses/delete-bfl-list-page.png) (or) * Select the finalised Brought Forward Loss form that you want to delete. * Click the _More_ icon in the top-right corner and select **Delete**. ![Delete Brought Forward Loss](/uk/books/help/images/mtd-it/individual-losses/delete-bfl.png) The form will now be deleted in Zoho Books. To delete a Brought Forward Loss form in the Submitted status: **Note:** If you delete a submitted Brought Forward Loss in Zoho Books, the changes will also be reflected in the HMRC portal. * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the Brought Forward Loss form in the Submitted status that you want to delete. * Click the _More_ icon in the top-right corner and select **Delete**. The form deletion will now be initiated and you can track its status in the _Status_ column of the _Brought Forward Loss_ table. Status Description Marked as Deleted All the rows (returns) in the Brought Forward Loss form has been successfully deleted in HMRC portal. Deletion Failed The Brought Forward Loss form has not been deleted in the HMRC portal yet. * * * ### Submit Brought Forward Loss Form Once you’ve reviewed the figures in the Brought Forward Loss form, you can submit it to HMRC. Here’s how: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the Brought Forward Loss form that you want to submit. * On the _Brought Forward Losses_ page, click **Send Update** in the top-right corner. ![Submit Brought Forward Loss](/uk/books/help/images/mtd-it/individual-losses/submit-bfl.png) * In the confirmation pop-up, click **Send Update**. The Brought Forward Loss form will now be submitted to HMRC. After a Brought Forward Loss is submitted to HMRC, it can have one of the following statuses: Status Description Submitted The entire Brought Forward Loss form was successfully submitted to HMRC. Partially Submitted The form contains multiple rows (returns), and only some of them were submitted to HMRC. Review the form details, [edit](/uk/books/help/mtd-it/individual-losses.html#Edit-Brought-Forward-Loss-Form) and [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Brought-Forward-Loss-Form) it again. Submission Failed None of the rows (returns) in the Brought Forward Loss form were submitted to HMRC. Review the form details, [edit](/uk/books/help/mtd-it/individual-losses.html#Edit-Brought-Forward-Loss-Form) and [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Brought-Forward-Loss-Form) it again. **Insight:** If you realise that you missed a tax year after submitting the Brought Forward Loss, you can [edit](/uk/books/help/mtd-it/individual-losses.html#Edit-Brought-Forward-Loss-Form) the form and add a new row for that year. In this case, the previously submitted row will remain in the **Submitted** status, and the newly added row will be in the **Generated** status. When you [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Brought-Forward-Loss-Form) the form again, the newly added row will also be submitted to HMRC. * * * ## Loss Claims A Loss Claim form is a request to use a business loss to reduce your taxable income or profits. For example, if you made a loss in one tax year, you may be able to use it against eligible income or profits in the same or a later tax year, depending on the claim type allowed by HMRC. Using Zoho Books, you can generate and submit a Loss Claim form directly to HMRC. ### Types of Loss Claims Below are the ways in which you can claim your losses, according to HMRC: Type of Claim Description Carry Forward Use the loss in a later tax year to reduce profits from the same business source. Carry Sideways Use the loss against other income in the same tax year instead of carrying it forward. Carry Sideways FHL Use a Furnished Holiday Letting (FHL) loss against other eligible income in the same tax year, in line with HMRC rules. Carry Forward to Carry Sideways Change a loss that was previously carried forward so that it is instead used against other income, where allowed by HMRC. * * * ### Generate Loss Claim Form Before generating a Loss Claim form, you must first create a Loss Claim form. Here’s how: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Click **Create Additional Submission** in the top right corner. * In the _Create Additional Submission_ pop-up, fill in the following fields: * Select the tax year for which you want to generate the form in the _Tax Year_ field. * Select **Loss Claims** in the _Submission Type_ field. * Click **Create**. ![Create Loss Claim](/uk/books/help/images/mtd-it/individual-losses/create-lc.png) The Loss Claim form will now be created in the **Draft** status and listed under the _End of Year_ section of the _To Be Filed_ tab. To generate the Loss Claim form: * Click the newly generated Loss Claim form. * Select your _Business Name_ for which you want to record the Loss Claim details. * Select the tax year for which you want to claim the loss in the _Tax Year Claimed For_ field. * Select the loss type in the _Type of Loss_ field. * Select the [claim type](/uk/books/help/mtd-it/individual-losses.html#Types-of-Loss-Claims) in the _Type of Claim_ field. * Click **+** **Add New Row** if you want to add loss claims for another tax year. Each row allows you to add loss details for a different tax year and is treated as a separate entry in the submission. To delete a row, click the _More_ icon next to the row and select **Delete**. * Click **Save and Generate.** ![Loss Claim Form](/uk/books/help/images/mtd-it/individual-losses/finalise-lc.png) * In the confirmation pop-up, click **Finalise Update**. The form will now be generated and saved in Zoho Books, and its status will change to **Finalised**. * * * ### Edit Loss Claim Form To edit a Loss Claim form in the Finalised status: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the finalised Loss Claim form that you want to edit. * Click the _More_ icon in the top-right corner and select **Edit**. ![Edit Loss Claim](/uk/books/help/images/mtd-it/individual-losses/edit-lc.png) * In the confirmation pop-up that appears, click **Continue to Edit**. * The status of the form will now change to **Draft**, and you can make the necessary changes. * Click **Save and Generate** after making the required changes. * In the confirmation pop-up, click **Finalise Update**. The changes will now be updated and saved in Zoho Books. To edit a Loss Claim form in the Submitted status: **Note:** If you edit a submitted Loss Claim in Zoho Books, the changes will also be reflected in the HMRC portal. * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the submitted Loss Claim form that you want to edit. * Click the _More_ icon in the top-right corner and select **Edit**. * In the confirmation pop-up that appears, click **Continue to Edit**. * The status of the form will now change to **Draft**, after which only the _Type of Claim_ field will be available for editing. You can refer to the _HMRC Figures_ column to view the type of claim that was submitted previously. * Click **Save and Generate** after making the required changes. * In the confirmation pop-up, click **Finalise Update**. After editing the form, you have to [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Loss-Claim-Form) it again. You can track the amendment status of the form in the _Status_ column of the _Loss Claims_ table. Status Description Amended The changes were submitted to HMRC successfully. Amendment Failed The changes could not be submitted to HMRC. Review the details and submit the form again. * * * ### Delete Loss Claim Form To delete a Loss Claim form in the Finalised status: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Hover over the Loss Claim in the Finalised status. * Click the dropdown that appears and select **Delete**. ![Delete Loss Claim](/uk/books/help/images/mtd-it/individual-losses/delete-lc.png) (or) * Select the Loss Claim form that you want to delete. * Click the _More_ icon in the top-right corner and select **Delete**. The form will now be deleted from Zoho Books. To delete a Loss Claim form in the Submitted status: **Note:** If you delete a submitted Loss Claim in Zoho Books, the changes will also be reflected in the HMRC portal. * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the Loss Claim form in the Submitted status that you want to delete. * Click the _More_ icon in the top-right corner and select **Delete**. The form deletion will now be initiated and you can track its status in the _Status_ column of the _Loss Claims_ table. Status Description Marked as Deleted All the rows in the Loss Claim form were deleted successfully in the HMRC portal. Deletion Failed The Loss Claim form could not be deleted in the HMRC portal. Review the details and try deleting the form again. * * * ### Submit Loss Claim Form Once you’ve reviewed the details and finalised the form, you can submit it to HMRC. Here’s how: * Go to _Filing & Compliance_ on the left sidebar and select **Income Tax**. * Select the Loss Claim form that you want to submit. * On the Loss Claim page, click **Send Update** in the top-right corner. ![Submit Loss Claim](/uk/books/help/images/mtd-it/individual-losses/submit-lc.png) * In the confirmation pop-up, click **Send Update** again. The Loss Claim form will now be submitted to HMRC. After a Loss Claim is submitted to HMRC, it can have one of the following statuses: Status Description Submitted The entire Loss Claim form was submitted to HMRC successfully. Partially Submitted The form contains multiple rows, and only some of them were submitted to HMRC. Review the form details, [edit](/uk/books/help/mtd-it/individual-losses.html#Edit-Loss-Claim-Form) and [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Loss-Claim-Form) the form again. Submission Failed None of the rows in the Loss Claim form were submitted to HMRC. Review the form details, [edit](/uk/books/help/mtd-it/individual-losses.html#Edit-Loss-Claim-Form) and [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Loss-Claim-Form) the form again. **Insight:** If you realise that you missed a tax year after submitting the Loss Claim, you can [edit](/uk/books/help/mtd-it/individual-losses.html#Edit-Loss-Claim-Form) the form and add a new row for that year. In this case, the previously submitted row will remain in the **Submitted** status, and the newly added row will be in the **Generated** status. When you [submit](/uk/books/help/mtd-it/individual-losses.html#Submit-Loss-Claim-Form) the form again, the newly added row will also be submitted to HMRC.