Original document : https://www.gov.uk/government/publications/losses-hs227-self-assessment-helpsheet

Change description : 2025-04-06 00:15:00: The helpsheet and working sheet for tax year 2024 to 2025 have been added, and the versions for tax year 2020 to 2021 have been removed. [Guidance and regulation]

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Guidance

Relief for trading losses (Self Assessment helpsheet HS227)

Find out how to report trading losses in your Self Assessment tax return.

From:
HM Revenue & Customs
Published
4 July 2014
Last updated
6 April 20242025 — See all updates

Documents

HS227 Losses (2024)(2025)

HTML

Working sheet: calculating losses (2024)(2025)

PDF, 171332 KB, 1 page

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HS227 Losses (2023)(2024)

HTML

Working sheet: calculating losses (2023)(2024)

PDF, 171 KB, 1 page

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HS227 Losses (2022)(2023)

HTML

Working sheet: calculating losses (2022)(2023)

PDF, 169171 KB, 1 page

This file may not be suitable for users of assistive technology.

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If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

HS227 Losses (2021)(2022)

HTML

Working sheet: calculating losses (2021)(2022)

PDF, 170169 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This guide tells you how you can report trading losses in your Self Assessment tax return. It covers:

  • reducing income or capital gains
  • claiming reliefs
  • carrying losses forward against future profits

Updates to this page

Published 4 July 2014
Last updated 6 April 2024 + show2025 href="#full-history">+ show all updates

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Update history

2025-04-06 00:15
The helpsheet and working sheet for tax year 2024 to 2025 have been added, and the versions for tax year 2020 to 2021 have been removed.

2024-04-06 00:15
The helpsheet and working sheet for tax year 2023 to 2024 have been added, and the versions for tax year 2019 to 2020 have been removed.

2023-04-06 00:15
Helpsheet HS227(2023) and a 2023 working sheet have been added to the page. The helpsheet and working sheet for 2019 have been removed.

2022-04-06 00:15
Helpsheet HS227(2022) and a 2022 working sheet have been added to the page. The helpsheet and working sheet for 2018 have been removed.