Skip to main content

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

Posted Sat, 30 Dec 2023 10:04:22 GMT by Reika
Hi I have made a loss in 2022-2023 in foreign investment but I never submitted a tax return before. I do not want to claim/ utilise the loss, do I still need to submit a tax return? Many thanks! Best regards, 
Posted Tue, 09 Jan 2024 13:47:33 GMT by HMRC Admin 32 Response
Hi,

It depends on the actual disposal. if this exceeded £49300, yes you need to file a return. if not, you can write in with details, within 4 years, so that the loss is noted so that it can be used at a future date.

Thank you.

You must be signed in to post in this forum.