You are reading a single comment by @Arvy. and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
@Arvy.
Loss relief has to be claimed via a tax return. I don't know any other way.
There's a Q&A on the 'moneysaving expert' site, and you'll probably end up completing only 2 boxes of 10 page form. A little hassle, but it is your money so get it back! The sooner that you do this bit of admin, the sooner you will get money back.
Tips -
register online on the HMRC website (make sure it is the HMRC website as there a couple of 'processing' companies who seek to take advantage of the looming tax deadline).
HMRC will send you an additional log in identifier after a few days, allowing you to complete the form
Submit the form. It should be relatively straightforward with either a payment into your nominated account or an adjustment to your tax code.