Using income losses against capital gains

Firstly, please ensure that you are making the best use of the losses before proceeding.

Select the Capital gains tab from the data input screen

Click on the Disposals tab, and enter the relevant information

Click on the Capital Losses tab, and enter the amount of loss that you wish to set off against the gains

Click on the Self Employment screen from the Data Input screen, if this is where the loss has been generated that you will be using against the capital gain.

Scroll down till you reach the Losses, other income and deductions section

Enter the amount of loss that you are using against the capital gain

Click on the Partnership screen from the Data Input screen, if this is where the loss has been generated that you will be using against the capital gain.

Scroll down till you reach the Loss allocation section

Enter the amount of loss that you are using against the capital gain