Utilizing losses from the sale of foreign shares and securities

Dear HMRC, If there were recorded losses from the disposal of foreign shares and securities in the past two years, can I use these capital losses to offset my rental and interest income in box 39 of SA105 (Loss brought forward used against this year's profit) in the upcoming self-assessment? Thank you so much! Kind Regards, Mike

Hi,

If your capital gains losses are from unlisted shares and securities, you can set the losses against income. If your capital gains losses are from listed shares and securities, you can only carry the losses forward and set them against a future capital gain. You will need to complete the capital gains section to record the losses and declare and how you elect use them.

Thank you.

Thank you so much!