How to report Capital Loss on sale of Foreign stocks? And can we carry forward these losses? FSI schedule is not taking negative value under capital gain.
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Quick Summary
This discussion addresses how to report capital losses incurred from selling foreign stocks for UK tax purposes. It explores the possibility of carrying forward these losses to future tax years. Initial confusion regarding the FSI schedule not accepting negative values was resolved, with the consensus being that capital losses should also be declared in the Capital Gains (CG) schedule.