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Posted Sun, 03 Nov 2024 17:46:47 GMT by Michael Roby
If I have capital gains above the annual allowance but I'm offsetting the gains against previous years losses, do I still need to report this on my self assessment even if no tax is due?
Posted Thu, 07 Nov 2024 16:22:47 GMT by HMRC Admin 34 Response
Hi,
Yes. You need to show that you are using the losses to reduce the taxable gain.
Thank you

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