iaino

Many thanks for the clear response. i.

Hi - hoping someone can help clarify something on a capital loss I have made. I have a capital loss in this tax year (2024-25) and will pay Capital gains tax on net gains in the previous tax year (2023-24 (@20%)), and have also already paid capital gains in the year previous (2022-23 (@24% as it was residential property)). So I paid a higher rate of CGT in the earlier year and hence would prefer to carry back two years. Is it possible to carry back a capital loss from this year to 2022-23, or if not then at least to 2023-24. If so do I amend the previous years return or make the entry in the current years return? many thanks, i.