Reporting capital gain from selling shares on the self assessment

Hi, I'm filling in my self assessment and have a few questions what exactly I need to put into the fields there for listed shares disposals. My situation is: I sold shares twice in 22/23 tax year: 1. 120 shares, proceeds 31500, cost 30000, gain 1500 (based on section 104 calculations, no other rules applied) 2. 150 shares, proceeds 30000, cost 30500, loss 500 (based on section 104 calculations, no other rules applied) since the total is 61500 I need to put it in the self assessment (even though total gains are bellow the limit). my understanding of how to fill the listed shares section: 1. Number of disposals: 2 (I assume it number of sales, not the number of shares sold) 2. Disposal proceeds: 61500 3. Allowable costs: 60500 4. Gains in the year, before losses: 1500 5. Losses in the year: 500 6. Total gains or losses on the disposal of an asset of this type reported on Real Time Transaction returns: 1000 My slight concern is that when i fill it this way the self assessment page says that my total gains for the year is 1500. But I'm not sure it's correct (and don't understand for what is will be used). Even though it doesn't matter from tax perspective (both 1500 and 1000 are below the limit), I would like to better understand how to report it correctly since in next years the limit is lower and it might affect the amount of tax I need to pay. Can you please confirm that this is correct? If not please advice how it should filled. Thank you very much for your help in advance!

Hi alexp,
What you have done is correct.
The losses will be used against the gain first even if below the annual exempt amount as they are in year losses.
Thank you.