Can you still carry BTL losses between years?

[d000hg]

As per title really. It used to be that if your BTL ran a loss in one tax year due to legitimate deductible expenses, you could carry this forward to the following year.
Deductible expenses are much less these days but does the principle apply or did they 'seal' tax years as another way to reduce tax relief on BTL landlords?

[northernladuk]

As per title really. It used to be that if your BTL ran a loss in one tax year due to legitimate deductible expenses, you could carry this forward to the following year.
Deductible expenses are much less these days but does the principle apply or did they 'seal' tax years as another way to reduce tax relief on BTL landlords?

It's possible to carry over. That said, I didn't think it was that easy to show a loss, particularly now mortgage interest rules have changed. I did a few years ago as I re-vamped the property in between tenants but my accountant suggested against doing it too often as it might arouse suspicion. I've not been close to doing this since so not an issue.

Plenty of articles on it like this one.
PIM4210 - Property Income Manual - HMRC internal manual - GOV.UK

[d000hg]

Yeah it's only because I have a substantial back-dated bill, plus another bill for this year - if my tenant were to bail/stop paying due to CVand I couldn't get a paying tenant for many months (plausible) it could be the case. (2-3 months' rent is what I owe).

I seem to recall for BTL matters, tax is based on cash basis i.e. the date money was received/spent from the bank account, not the date of invoices. So it might be I have no choice in the matter regardless but I was interested.

I've also seen slightly different lists exactly what you can still claim for. Mortgage interest is now gone entirely IIRC but my big costs are agency fees and property management - which includes insurance rather than me paying insurance directly.

[northernladuk]

And mileage to inspect the property from the road every two weeks of course