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Posted Sat, 30 Dec 2023 00:47:15 GMT by d999
Hello, in 22-23 I had a net negative interest for the year, because of accrued interest paid on a foreign government bond (not a deep discounted security) and foreign currency interest differentials. My questions are: 1-Since I had no other interest gains to set this against, can I claim income tax relief or carry it to the next year? 2-If yes to the above, there seems to be no forms that allow negative numbers for interest, where in the self assessment should I register or carry this loss? Thank you
Posted Tue, 09 Jan 2024 13:00:41 GMT by HMRC Admin 32

As its a negative, there is nothing to report and you cannot claim any losses to set against other income or carry forward.

Thank you.

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