Do I need to report Capital losses from buy/sell shares from multiple brokers and how to do it?

Hi, Talking about financial year 06/04/2023 to 05/04/2024. My annual exempt amount limit was £6000. I need some clarification for this situation: I use two different brokers to buy/sell shares (no ISA shares account). In one of the brokers I have Capital gains and in the other one I have Capital losses. The total amount taking into consideration the two brokers is negative. I guess I don´t need to report capital losses. Am I right? I guess I will need to report Capital losses for the next financial year if I have capital gains above £3000, to be able to deduct the losses from the preivous year. Is this correct? If this is the case, how can I report the capital losses and how many years I had for doing it? Thanks very much.

Hi,

There is no requirement for you to report capital gains losses to HMRC. If you do, you can carry those losses forward to a future tax year and set them against a future gain. This must be done in writing, which includes supporting evidence or when submitting a Self Assessment tax return.

Thank you.

Thank you very much. Very clear.