Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Wed, 10 Jan 2024 11:03:31 GMT by
Hi HMRC, My case is, I have got some capital gain from foreign Stock market but got capital loss from sold foreign property (detail below). End up, I have £5,000 capital loss in total for the tax year 2023/2024. May I know do I still need to report the detail of all gain and loss in the Self-Assessment, if I will not claim this loss in future tax years? - Stock market : gain +£1,5000 - Property sold : loss -£2,0000 ---------------------------------------------------------------- TOTAL : loss -£5,000 Many Thanks
Posted Tue, 16 Jan 2024 11:58:19 GMT by HMRC Admin 10 Response
Hi
Please write to H.M. Revenue and Customs Self Assessment BX9 1AS, declaring the loss and including a supporting calculation.  In your letter, you can also advise that you are setting the loss against the gain.  In this way, no tax is payable, but you have reported the losses  you are claiming.

You must be signed in to post in this forum.