opsa519
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RE: CGT - Losses before I became tax resident in UK
Re "The tax year 2020 to 2021 ended 5 April 2021, so you would have up to 5 April 2025 to claim for those losses. ", would you be so kind and explain further please ? Today is 21st of May 2025 already, do I still able to claim for old losses made back in 2020 ? Also, if I want to make use of these old losses, is it a must for me to elect for remittance basis (for year ended 5Apr2025) ? Thanks again. -
RE: CGT - Losses before I became tax resident in UK
Sorry but found another question. I have some old but significant capital losses back in 2020/2021, can I bring them forward and make use of them to offset my capatial gains in 2023/2024 ? According to what I found in the HMRC website (as copied below) I think I can do so, is my understanding correct ? Thank you. GOV.UK https://www.gov.uk › Money and tax › Capital Gains Tax You do not have to report losses straight away - you can claim up to 4 years after the end of the tax year that you disposed of the asset. -
P60 for SA
My old employees (two of them) didn't send me the P60 because I no longer working for them for year ended 5 Apr 2025. May I know how should I proceed to do my self assessment without this document ? Thank you. -
RE: CGT - Losses before I became tax resident in UK
Thank you for your reply. Just have a look of the related explanation (listed below). If I didn't use remittance base on my first year 23/24 which I became tax resident. Can I still chosen to use remittance basis again for 24/25 ? An election for losses on disposals of non-UK assets (“foreign losses”) to be allowable losses must be made by an individual for the first tax year in which they claim remittance basis, see CG25312, and in which they are not domiciled in the UK. This is known as the relevant tax year. -
CGT for joint stock/share account
Could you be so kind and share the step by step of doing a proper tax filing for those capital gain/loss made for the fiscal year under the joint account of myself and my partner ? Thank you. -
CGT - Losses before I became tax resident in UK
Can I still claim those losses (up to 4 years) so as to balance off the new gains I made after I became UK resident ? Thank you. -
RE: UTR problem
I was told that the address I provided is wrong, then, may I know what address HMRC is holding as a reference ? I'm using the address printed on the council tax bill, isn't that a correct address that I should be using ? If it is not then may I know what to do best to cope with this address problem ? Thank you. -
RE: UTR problem
If I re-submit my online request for UTR, will it potentially affect my previous application for the same ? I've been waiting for 2 months while my friends told me it usually takes a week or two to obtain the letter with the UTR on it. I know I have to complete my split year treatment and paid tax/duty invovled before early October so time is kind of running out now. Hope you can understand and share your comment on what should I do next ? Thanks a lot !