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Reporting Losses on Shares

Sobeboy15
Sobeboy15 Posts: 38 Forumite
Part of the Furniture 10 Posts Combo Breaker
Good Morning,

Ive scoured the internet to try and find an answer but have failed so far.
I don't complete a self assessment form due to PAYE however I have sold a number of shares and have made a capital loss on them.  In order to utilise this loss going forward, I need to report this to HMRC.

Is there a form to fill in or is it just a case of sending them a letter?  Where would I send this letter and how do I identify myself would it be my NI number.

I know that with the reduction in CGT I will need to use those losses sometime in the future.

Thanks

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Name Dropper
    edited 11 March at 10:03AM
    Sobeboy15 said:
    Good Morning,

    Ive scoured the internet to try and find an answer but have failed so far.
    I don't complete a self assessment form due to PAYE however I have sold a number of shares and have made a capital loss on them.  In order to utilise this loss going forward, I need to report this to HMRC.

    Is there a form to fill in or is it just a case of sending them a letter?  Where would I send this letter and how do I identify myself would it be my NI number.

    I know that with the reduction in CGT I will need to use those losses sometime in the future.

    Thanks
    Use your NI number:

    From HMRC:

    Reporting losses:

     Claim for your loss by including it on your tax return. If you've never made a gain and are not registered for Self Assessment, you can write to HMRC instead. You do not have to report losses straight away - you can claim up to 4 years after the end of the tax year that you disposed of the asset.

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