Validation message in loss of year set against other income SA103

This message indicates that a business loss is being used against other income where no loss is occurring within the tax year. Please note brought forward losses can only be used against income from the same business in the future. This can be resolved as follows: 1. Log on to IRIS Personal Tax and select the client. 2. Click on the Trade Profession or Vocation folder, click Sole Trade or Partnership. 3. Double click on the relevant account period which is shown in the bottom half of the screen. 4. For Sole Trades click on the Adjustments Losses Overlap and Tax tab and remove the figure from Offset against other income. For Partnerships click on the Trading Income tab and remove the figure from the Loss offset against other income box.