Hello,
In reviewing one of my share investments in more detail recently I found that some shares I bought were sold by the company on my behalf two years ago. As I had missed this, I have not added the capital loss incurred from this to my last two consecutive tax returns as a loss to carry forward to future years.
This year I have a capital gain which will mean my payable CGT will be impacted by my previous losses. My question is - do I need to go back and resubmit the last two tax returns with the correct carried forward losses? Or can I just apply that previous capital loss this year and have my records up to date for my upcoming tax statement without having to go back and fix previous statements?
Thanks in advance!
