Petrel_Ed

Oh, that is very helpful thank you.

Hi, I made capital losses on property in 18/19 and on shares on 21/22. Each of which were reported within the time limits. Someone told me that each year I need to carry these forward on my tax return so that they will be available when I make capital gains to set these losses against. Is that true or once reported can I just refer to the relevant return when I do eventually vire them against a gain? If it is true, then how on Earth does one do it online. I talked to an inexperienced advisor in HMRC and ended up having to fill all the details of each loss again even though there were no losses in 22/23. Surely there must be an easier way just to put the totals of carried forward unused losses. Is this possible on-line or does one have to submit paper forms? So 2 questions. Do you have to detail already reported capital loss in returns for every year until they are used? If so how do you do it on the online forms?