The term "brought forward" refers to something that has been carried forward from a previous period or year. In the context of taxes and financial accounting, the term "brought forward" is often used to refer to losses or unused tax allowances that have been carried forward from a previous year and can be used to offset income or reduce tax liability in the current year. For example, if an individual has a loss of £5,000 in a given tax year, they may be able to carry that loss forward to offset income in future years. If the loss is carried forward to the following tax year, it would be referred to as a "brought forward loss." Similarly, if an individual has unused tax allowances in a given year, they may be able to carry those allowances forward to reduce their tax liability in future years