Daniel White
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Offset partial amount of prior year CGT losses against current profits
For my 2023-24 tax return I have made sold shares making gain of £11,296.05 which is over the £6,000 allowance for this tax year. I have losses of £23,546 to carry forward from the previous tax year however. Can I use £5,296.05 of those losses towards the 2023-24 tax year so that I still utilise my £6,000 allowance and save the rest of the losses for future years?