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Can I claim previous year's unused tax credits?

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  • 28-11-2010 10:34am
    #1
    gbh2930
    Closed Accounts Posts: 10 ✭


    I'm a self employed sole trader. If I didn't use my full allowance of tax credits from the previous year, can the unused tax credits be claimed in subsequent years? Or do you just lose any unused tax credit at the end of year?
    And IF they can be carried forward, in which section of a Form 11 should it be recorded?
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    #2
    colm1234
    Closed Accounts Posts: 246 ✭✭colm1234


    gbh2930 wrote: »
    I'm a self employed sole trader. If I didn't use my full allowance of tax credits from the previous year, can the unused tax credits be claimed in subsequent years? Or do you just lose any unused tax credit at the end of year?
    And IF they can be carried forward, in which section of a Form 11 should it be recorded?
    bad news im afraid its same rules for every one you get 1830 tax credits at the beginning of the year plus all other relevant expenses IE. service charges, but once the year ends they are wiped and you get it all over again so no even if your self employed you cant claim for previous years


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