Losses question L1 – Individual tax return 2025

Instructions to help you to complete losses question L1 in your paper individual tax return.

Published 26 May 2025

L1 Tax losses of earlier income years 2025

Complete question L1 if you have a tax loss from an earlier year that you may be able to claim as a deduction this year.

Taxable income or loss 2025

Complete this question to declare your total taxable income or loss.

QC104119