Carry forward losses from investments

New Post Advanced Search

Coronavirus: The latest from MSE

The MSE team is working extremely hard to keep the info we have about your travel rights, cancellation rights, sick pay (and more) up to date.
The official MSE guides: NEW MSE Coronavirus Guides


Carry forward losses from investments

edited 20 March at 9:32AM in Cutting Tax
1 reply 157 views
katy123katy123 Forumite
308 posts
Part of the Furniture 100 Posts Combo Breaker
edited 20 March at 9:32AM in Cutting Tax
With how the markets have performed, I have realised c. £20k losses in the current tax year. I am aware that losses can be carried forward indefinitely but was wondering if if I make a gain in the next tax year, say £10k. Can i choose not to use up my carry forward losses and use up the £12,300 capital gains allowance instead? Thanks

I also have a BTL that I'm looking to sell in a few years. Knowing that investments are taxed at 10%, can I choose not to use the losses on the investments and preserve them for when I eventually sell the BTL.


Sign In or Register to comment.

Quick links

Essential Money | Who & Where are you? | Work & Benefits | Household and travel | Shopping & Freebies | About MSE | The MoneySavers Arms | Covid-19 & Coronavirus Support