karlng321

can i report the loss online if i also need to report the self assessment this year?

i have a follow up question about the statement by HMRC Admin 19 Response "You have to determine yourself if you class this as your main source of income to be taxed as Income Tax. If not, it will be capital gains." If i day trade and no other works on April & May and have a gain in these 2 months and it is the main source of income in these 2 months. however, i give up day trade and find a job from June to next year March. Can i still count the gain from that 2 months as income and taxed as income tax? Another situation is if i make loss in these 2 months, can i deducted the total income to be taxed from my job earnings from the remaining 10 months?

If i have £10000 capital loss in year 2023-2024 and capital gain £15000 in 2024-2025, do i need to report £10000 loss to HMRC in 2023-2024 or just keep this into my record and report £5000 gain only in 2024-2025 (£15000-£10000)? thanks