Elect into the loss carry-back scheme
You can do this in the ‘I want to’ section of your income tax account in myIR by selecting “Opt-in to loss carry-back”.
When asked which year you want to carry the loss back to select “2020”.
Estimating provisional tax
When asked if you want to estimate your provisional tax select “yes”.
Enter your new 2020 provisional tax estimation then select “next”.
Review and submit
Review your details and submit and confirm your information is correct.
