Get your overlap relief figure

June 1, 2026 · WOWERI

Find out how to get your overlap relief figure if you have transition profit and include it in your tax return to potentially save on taxes.

Introduction

When transitioning to a new tax year, you may need to include overlap relief in your tax return. This applies to those with transition profit.

What is overlap relief?

Overlap relief is an amount deducted from your taxable income. It is calculated based on transition profit and can help reduce your tax bill.

How to get your overlap relief figure?

To get your overlap relief figure, follow these steps:

• Calculate your transition profit
• Determine the overlap relief amount
• Include the overlap relief amount in your tax return

Including overlap relief in your tax return

When including overlap relief in your tax return, ensure you correctly calculate the amount and include it in the relevant field.

Conclusion

Getting your overlap relief figure and including it in your tax return can help you save on taxes. Ensure you correctly calculate the amount and include it in your tax return.

Source: gov.uk