Helen Taylor

If a company has made a loss in the most recent trading period, but also has trading losses carried forward from previous periods - do you need to include these losses carried forward in the computations anywhere (using HMRC's filing for the CT600 return). If so, in which box does the number need to be entered? (I know it goes in box 160 on the paper version of the CT600 form. But when using HMRC's filing system, the box numbers aren't the same as those on the CT600 return). Or does HMRC systems 'remember' the number from past years and account for it when calculating total trading losses to be carried forward? Thanks in advance.

In 2023 I subscribed to shares in an EIS eligible company, received the EIS certificate and claimed the EIS relief on the shares in my 2023/24 tax return. This company is now being acquired by another company, with the acquisition completed before I will have held the shares for the full 3 years. I understand I am going to lose the EIS tax relief, even though the disposal of the shares has been forced upon me. Investors will receive a cash settlement per share well below the price paid. My question is: if I have lost the EIS tax relief because the shares have not been held for three years, does this also mean that I cannot claim EIS loss relief on the disposal? I am assuming that EIS loss relief only applies to shares where EIS relief was given and not removed and I should include any loss regarding this transaction in my CGT calculation, but would appreciate HMRC's view as to what tax treatment applies in these circumstances. Thanks and regards

Thank you for the reply, I understand that and will use box 47 to show the net carried forward loss. One further question has just occurred to me - should I report the net loss of £1,306 in box 27? Or should I show the total gains of £4,652 in box 26, and the total loss of £5,958 in box 27? Thanks

In the tax year 2023/24 I made disposals of £50,900, so I need to fill in a CGT return. I just want to check I'm doing it right. The cost of acquisition of those investments disposed of was £52,239; so I have made a net loss of £1,306 on the disposals. There were 24 disposals and 13 of these were disposed of at a profit, total £4,652. The other 11 were disposed of at a loss, totalling £5,958. I have completed the 'number of disposals', 'disposal proceeds', 'allowable cost' and 'losses in the year' with the totals. Because of the number of disposals (and the fact that I acquired some shares in multiple tranches) I'm not using the worksheet calculator within the tax return but am attaching a document listing all the securities, the date of disposal, the type of security (e.g. ordinary 25p shares), number of shares disposed of, cost, and net gain / loss. My questions are: 1) Given I have a loss of £1,306, do I need to complete any further boxes to carry forward that loss to be able to offset it against future years capital gains, if necessary? 2) Is the level of detail I'm proposing to include in my attachment sufficient?