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How can sole traders obtain relief for trading losses?

How can sole traders obtain relief for trading losses?

How can sole traders obtain relief for trading losses?Jess Brooks
Published on: 11/02/2026

Made a trading loss as a sole trader? You may be able to claim relief—against other income (same/previous year), against capital gains, or by carrying it forward to future profits. Opening/closing year rules and relief caps can apply.

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