Where The Business Made A Trading Loss (Info)

The amount of any loss from trades carried on, on a commercial basis made in the year of assessment should be offset against any other income of the family for that year

For more information, follow the guidance in Calculation Of Income

Where the amount of loss is not fully offset against any other income in that year, the unused part of the loss may be carried forward and set off against trading income from the same trade, profession or vocation in subsequent years until the amount of the loss is extinguished