Wondered if anyone has noticed something strange with the new tax calc update for 2020/21 tax returns.
Either im not understanding something or its not working as it should, ill give an example.
Inputted figures for Self Employment.
Total Exp £6533
Net Profit £10646
So far so good. However along with the above figures Tax Calc have calculated a Net Loss C/Fwd of £28012.
Ive checked for any losses B/Fwd, There are none. So where is taxcalc getting this loss from when it is acurately calculating net profit??