How to carry forward a capital loss from a previous year on UK tax return

[Jetsetter4805]

Hi folks,

In my 2023-24 tax return I reported two capital losses (one residential property and one listed shares) which I intend to carry forward. I am now completing my 2024-25 tax return and cannot see how I can carry forward the combined capital loss from last year? I have selected to complete the CGT section of the tax return but all the entries seem to relate to gains or losses in the current year. Could someone please advise which section and box number of the tax return I should be looking for?

Many thanks!

[Jetsetter4805]

Update - spoke with HMRC who said the carried forward loss doesn't need to be entered in the current year form unless it is being offset against a gain. So I basically just keep a note of the loss and enter when it when it's time to use it. I will add a note in the 'any other information' section near the end of the return stating I am carrying forward the loss just so it is documented.

[wamstax]

You need to report your capital losses to HMRC. To carry them forward, you must submit a claim to HMRC within four years of the end of the tax year in which you made the loss. You can carry forward any unused losses indefinitely and offset them against any future gains.

Good idea to keep a permanent copy of your claim in case you need to offset them at a time when HMRC have weeded your "old" records after 4 years.