Losses carry forward

Accounting
1

Hi Quickfile,
I have a sole trader account within Quickfile.

Before using Quickile i used a spreadsheet to record losses, carry them over to new financial year and so on. I’ve been doing this since 2013. I’m think its perhaps best to bring this into Quickfile to make it more manageable.

Whats the best way of doing this and what would the best nominal codes be?
Does quickfile also take into account the HMRC rules around losses or not ?

Thanks
Dan

2

Hi Dan,

Quickfile doesn’t allow you to directly submit your tax return, however you can look at some basic software (ie Taxfiler.co.uk) that will let you submit your tax return with your losses included or you can access a range of accountants from your dashboard, which includes myself.

Kind regards,
Chris