1121 - If you want to claim to deduct losses from chargeable gains of an earlier year
If you want to claim to deduct losses from chargeable gains of an earlier year, to claim capital losses against your income of this tax year or the previous year or to deduct income losses of this tax year from capital gains of this tax year please choose 'Yes' from the drop-down menu otherwise, choose 'No'.
Most people will need to choose 'No' because you can't usually set-off capital losses against income or against gains of an earlier year or income losses against capital gains.
