Guidance

Limit on Income Tax reliefs (Self Assessment helpsheet HS204)

Find out the total amount of certain Income Tax reliefs that can be used to reduce your total taxable income and complete your Self Assessment tax return.

• From: HM Revenue & Customs
• Published: 4 July 2014
• Last updated: 6 April 2026
  Show all updates

  1. 6 April 2026

     Helpsheet and working sheets 1 and 2 have been added for the tax year 2025 to 2026. Helpsheet and working sheets for 2021 to 2022 have been removed.

  2. 6 April 2025

     Helpsheet and working sheets 1 and 2 have been added for the tax year 2024 to 2025. Helpsheet and working sheets for 2020 to 2021 have been removed.

  3. 6 April 2024

     Helpsheet and working sheets 1 and 2 have been added for the tax year 2023 to 2024. Helpsheet and working sheets for 2019 to 2020 have been removed.

  4. 6 April 2023

     Helpsheet and working sheets 1 and 2 have been added for the tax year 2022 to 2023. Helpsheet and working sheets for 2019 removed.

  5. 6 April 2022

     Helpsheet and working sheets 1 and 2 have been added for the tax year 2021 to 2022. Helpsheet and working sheets for 2018 removed.

  6. 6 April 2021

     Helpsheet and working sheets 1 and 2 have been added for the tax year 2020 to 2021.

  7. 7 April 2020

     Helpsheet and working sheets 1 and 2 have been added for the tax year 2019 to 2020.

  8. 6 April 2019

     The 2018 to 2019 HS204 helpsheet and related working sheets have been added to the page.

  9. 6 April 2018

     The 2017 to 2018 helpsheet and working sheets have been added to this page.

  10. 6 April 2017

      The 2016 to 2017 helpsheet and working sheets have been added to this page.

  11. 6 April 2016

      Rates, allowances and duties have been updated for the tax year 2016 to 2017.

  12. 26 October 2015

      HS204 limit on Income Tax reliefs (2014) and HS204 working sheet 1 (2015) have been updated.

  13. 6 April 2015

      Rates, allowances and duties have been updated for the tax year 2015 to 2016.

  14. 4 July 2014

      First published.

Documents

HS204 Limit on Income Tax reliefs (2026)

HTML

Working sheet 1: Adjusted total income limit (2026)

PDF, 174 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Working sheet 2: record your losses (2026)

PDF, 177 KB, 1 page

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HS204 Limit on Income Tax reliefs (2025)

HTML

Working sheet 1: Adjusted total income limit (2025)

PDF, 174 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Working sheet 2: record your losses (2025)

PDF, 177 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

HS204 Limit on Income Tax reliefs (2024)

HTML

Working sheet 1: Adjusted total income limit (2024)

PDF, 318 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Working sheet 2: record your losses (2024)

PDF, 321 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

HS204 Limit on Income Tax reliefs (2023)

HTML

Working sheet 1: Adjusted total income limit (2023)

PDF, 173 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Working sheet 2: record your losses (2023)

PDF, 176 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This guide explains the limits if you’re claiming certain Income Tax reliefs. It includes:

• Trade Loss Relief
• Property Loss Relief
• Post cessation Trade and Property Reliefs
• Employment Loss Relief
• Losses on Deeply Discounted Securities
• Share Loss Relief
• Qualifying Loan Interest