HM Revenue & Customs

Capital Gains Tax 61 - Losses used against an earlier year's gain (Special circumstances apply)

This field only applies in very limited circumstances. The most common case is explained in Help Sheet 282 - Death, personal representatives and legatees

More information about the circumstances when losses can be carried back to earlier years can be found in the Capital Gains Tax guidance.

More information can be found in the Capital Gains Summary Notes.