Robin Santer

Dear HMRC. I am carrying a capital loss from a prior year which was reported in my tax return of that particular year. in 2023/24 I have gains above the annual allowance and so normally I would use some of the carry forward loss in this tax year. My question is whether I have to use some of the carry forward loss in 2023/24 (thereby reducing my net gain to the annual allowance) or whether I can keep the gain (and therefore pay tax on it) and then use the 'untouched' capital loss in later years. Hope that is clear. Thanks in advance.