witzbold

I am getting ready to fill in my tax return. I will need to report some capital gains. Although I have made no losses this year, I have losses from previous years that I have included in earlier tax returns and thus carried forward. Should I this year again include the figure for past losses in the capital gains section under ‘losses to carry forward’, or is it sufficient that I have reported them in the past? Many thanks in advance for your help!

Thank you for your helpful comments!

I used to have to fill in an annual tax return but my circumstances changed a few years ago and I am no longer required to submit a return. I think I am therefore already registered, I have a UTR. Does your comment regarding 3 months and one week still apply?

I do not need to submit a tax return for 23/24. If, however, I choose to submit one, do the fines for late submission still apply? I ask because I'm getting nowhere trying to correct a Simple Assesment, I have written and telephoned with no luck. The problem is no-one appears to understand that there is no tax to pay on my bank and building society interest, they appear to not understand the starting rate for savings. I thought that if I complete a tax return it might iron out the problem. Many thanks in advance for your help!