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Posted Mon, 16 Dec 2024 18:12:07 GMT by WilliamsAndrew101
I have been dabbling in shares since early 2020. while i made profit almost equal to the allowance in 2020/21, in 2021/22 I made £11,500 LOSS on the shares and in 2022/23 I made £7,500 LOSS. I showed these as a loss in my Self Assessments - included in the box titled 'Total gains or losses on the disposal of an asset of this type reported on Real Time Transaction returns' However, these losses are then not shown in the box titled 'Losses available to be carried forward' So I assume the two losses I made are NOT being carried forward. As there is a time limit to ensure they are allowed to be carried - How do I get this changed and in place please?
Posted Mon, 23 Dec 2024 16:16:48 GMT by HMRC Admin 10 Response
Hi
You have declared the losses.  They are being carried forward.  It's just that is not automatically included.  You need to manually include the loss being carried forward on each tax return.
Posted Thu, 02 Jan 2025 15:45:10 GMT by WilliamsAndrew101
so does that mean I need to make changes now or will the losses be noted and I can use them? What is your advice for me to do next?
Posted Tue, 21 Jan 2025 10:59:50 GMT by HMRC Admin 8 Response
Hi,
If the losses are already noted you dont need to do anything.
Thankyou.

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