Shira O.

Thank you for your reply. May I double check one point? Where can I learn more about the "carrying back of a loss" referred to in the last 2 paragraphs and Box A349 on Page TCSN25 of the Tax Calculation Summary Notes? It looks like that they are referring to tax relief in 2021-2022 for carrying back of a loss in 2022-2023. Does it relate to situation where the tax payer passed away in the tax year only? Would it be wrong of me to put the 2022-2023 capital loss of £15,000 in Box 16 on page TC 2 of SA110 and Boxes 3, 4 on page Ai 3 of SA101?

My situation is similar and I would like to confirm one point. While the husband is still residing at their home in HK, the wife has already moved to the UK and have a new place of residence in the UK, may she use the Private Residence Relief for her share of the gain from disposal of their home in HK? Thanks.

In that case, is it proper to put the sum of the total realised capital loss and the total unrealised capital loss in Box 27. In order carry the net capital loss (i.e. total capital loss in Box 27 minus the total capital gains in Box 26) forward, the amount needs to be stated in Box 47 of SA108? Many thanks.

Thank you for your reply. 1. To report the overall loss, may I add the total amount of realised capital loss and unrealised capital loss and put the sum in Box 27? 2. To carry the net capital loss (i.e. total capital loss in Box 27 minus the total capital gains in Box 26) forward, I would need to state the amount in Box 47 of SA108? 3. To show the computation of the realised and unrealised capital gains/losses, may I use a spreadsheet that can clearly set out the required information or must I use the form on page CGN11 of the Capital Gains Tax Summary (SA108) Notes ? Thank you very much for your help.

I made a capital gain of £25,000 in the year of assessment 2021-2022, but in the in the year of assessment 2022-2023, I sustained a capital loss of £15,000 (all of which is not subject to the limit on Tax Relief). May I use the capital loss of £15,000 to reduce my tax liability on the capital gain in 2021-2022 by filling in the relevant details of the 2022-2023 capital loss in Boxes 3 - 6 in the Section "Other information" on page Ai3 of SA101 for the year of assessment 2021-2022? Thanks.

I realized a net profit in securities tradings in 2021-2022. However, due to the downturn in the market towards the end of the tax year, I sustained significant unrealized loss in the stocks on hand. After taking into account the unrealized trading loss, the overall results for YoA should be a net loss. Is it allowable to make a provision for the unrealized loss and deduct it from the realized trading gain in 2021-2022?