Skip to main content

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

Posted Tue, 07 May 2024 12:29:26 GMT by Icon0387
I have recently become tax resident in the UK after spending many years abroad. I have accumulated capital losses from previous years in which I was not tax resident in the UK. Can those losses be used to offset gains in the current tax year?
Posted Tue, 14 May 2024 14:20:13 GMT by HMRC Admin 19 Response
Hi,

You can see guidance here:

CG25330A - Remittance basis: election for foreign losses to be allowable: TCGA92/S16ZA

Thank you.

You must be signed in to post in this forum.