Unused CGT loss, carry forward to subsequent tax years


I had always believed that, for personal taxation, a capital loss could onl y be carried forward for a limited number of years (to be offset against a capital gain made in a subsequent year). However, the HMRC now seems to sa y that you can carry it forward indefinitely.
Did the legislation change at some time, or did I misremember it?
Perhaps the limited carry-forward applied only to CGT of the estate a decea sed person and I am muddling it with that.
Would anyone care to enlighten me please?
Thank you
Robert
Reply to
RobertL
I think you are confusing the time limit for notifying HMRC of the loss with one for actually using the loss. You really need to submit a CGT form each year in which you have a loss, and update the total of your losses.
Reply to
David Woolley

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