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Banking
Hoping this is a simple question, and not too late to ask.
I have a Ltd company and I also earn self-employed income and PAYE. For technical legal reasons, I couldn't receive my self-employed income through my company, but my company made a loss in the tax year.
Is there a way to offset my Ltd company losses against my personal self-employment income? Would I need to literally invest the money in my company for it to count as a business expense or could I apply for tax relief?
I've been using cash on hand rather than the accrual method.
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