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Carry forward losses from investments

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Carry forward losses from investments

edited 20 March at 9:32AM in Cutting Tax
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katy123katy123 Forumite
308 posts
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edited 20 March at 9:32AM in Cutting Tax
Hi 
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.

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