Tax Return - Capital Gains Loss Question

[AgnethaF]

So I’m just doing my tax return, and wondering about a Capital Gains Loss I had in 2020. I reported it in that tax return, hoping to use the loss as a c/f sometime in the future

Just had a horrible thought that I should have been marking the c/f amount somewhere on subsequent tax returns, but I can’t see a box for this.

Any advice or insight gratefully received!

Mmmm… there’s definitely a box for carry forward losses. I do mine online in June / July straight after the banks / platforms provide their statements for previous year. So I can’t remember where the box is and the print out doesn’t provide that much detail. But there’s definitely a place to input losses. Did you not used it for the following tax year 20/21? Do you usually make a gain for CGT above the allowance? Or do you not usually realise a gain or a loss? Was 2020 a one off? I’m trying to understand what you’ve done since 2020.

No losses or gains since then. Haven’t given it much thought but might have a gain next year if I sell a rental property. So it’s in my mind at the moment that I might need to use the c/f next year.