Form CG1 Quick question - unused losses for carry forward

Linkstr · 20-10-2019 09:15PM #1

Hi all,
I have a quick question regarding the form CG1.
I have had losses two years in a row, and now I would like to carry the entire amount to 2019.
Can you please tell me whether "18. Unused Loss(es) for carry forward to 2019" should contain only the amount that I lost in 2018, or do I need to specify the entire amount to carry forward(2017 losses + 2018 losses) ?

Thanks !

Calahonda52 · 22-10-2019 03:56PM

the lot

Linkstr · 24-10-2019 09:10AM

Nice, thanks !
Should I also specify the amount from prior years in the section "Amount of unused Loss(es) from prior year(s) available for, and offset against chargeable gains above" ? Since I have an overall CGT loss in 2018 I believe I need to specify the entire amount from prior years

Calahonda52 · 24-10-2019 11:32AM

Linkstr wrote: »

Nice, thanks !
Should I also specify the amount from prior years in the section "Amount of unused Loss(es) from prior year(s) available for, and offset against chargeable gains above" ? Since I have an overall CGT loss in 2018 I believe I need to specify the entire amount from prior years

Thats my understanding, I have a 150,000 loss from 2010 I am carrying so it will see me out!

travist · 31-10-2019 02:20PM

Can you bring that loss forward each year for as long as you want to reduce it?
150k realised loss?

Form CG1 Quick question - unused losses for carry forward

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