Carry forward a capital loss
If your company has capital losses that are not used against capital gains in the same accounting period, they are carried forward and have to be deducted from later capital gains. Your company can only set these losses against later capital gains.
How long can capital losses be carried forward in UK?
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.
How many years can I carry forward capital losses?
You can carry over capital losses indefinitely. Figure your allowable capital loss on Schedule D and enter it on Form 1040, Line 13. If you have an unused prior-year loss, you can subtract it from this year's net capital gains.
Can capital losses be carried back UK?
You get tax relief by offsetting the loss against your other gains or profits of your business in the same accounting period. You can also choose to carry the loss back, or it will be carried forward to another accounting period.