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Posted Sun, 14 Jan 2024 21:57:06 GMT by
Hello All, I filled self assessment for 2021/2022 and I had loss for shares around 40k. I am fully employed else where and loss was made due to selling shares. For 2022/2023 I ended up 1000 in profit for selling some shares - I do not need to pay ani tax as is under limit. My question is, do I need to fill self assessment this month and every other year to carry forward loss ? Or it was enough last year and this year I do not need to do anything as I do not have additional loss and Gains are under 6000 limit. Thank you.
Posted Wed, 17 Jan 2024 13:14:58 GMT by HMRC Admin 25 Response
Hi Dany156,
You don't need the capital gains section of the tax return, if you have nothing to report as the losses will carry forward until you need them.
For the 22/23 year, if the sale was in excess of £49200, you still need to report this#.
Thank you. 
 

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