News & Updates

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.

General

Calculating adjusted net income and why it matters

Jess Brooks

Published on: 18/07/2025

Adjusted net income affects your personal allowance and child benefit entitlement. Learn how it’s calculated and why it’s important for your UK tax planning.

General