jrahewitt
Joined: 8/27/2024
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RE: Registration of capital loss (negligible value)
Hi There, I live overseas and have been paying capital gains on investments in the UK for several years. In 23/24 I made a capital gains loss. I have no other income in the UK. Similar to deathandtaxes21, I have registered capital gains losses this year but have received no acknowledgement of the submission (other than the "thank you for submitting"). Going forward I would expect to make capital gains. Are the capital losses only assessed as and when there are capital gains (against which they can be offset)? What is the time-bar for the capital losses (to be offset against capital gains)? Tks in advance for your help