4.9 from 500+ UK clients UK-only accountants Most filings in 24h
hello@mytaxfile.uk +44 7799 123045 Mon–Fri 9am–6pm
Taxopedia  ›  C  ›  Carry forward
C · Glossary

Carry forward

Carrying an unused tax allowance or loss into a future tax year.

Carry forward means using an unused tax allowance or loss in a future year. Common UK examples: trading losses (carried forward indefinitely against same-trade profits), capital losses (against future gains), pension annual allowance (use unused allowance from previous 3 tax years).

Related terms

Brought forwardA loss or unused allowance carried over from a previous year.Capital lossA loss when you sell a chargeable asset for less than you paid; offsets future gains.Pension Annual Allowance£60,000 max yearly tax-relievable contribution — tapered for high earners.

← Back to all terms

Stop dreading tax. Start ignoring it.

Get a fixed-fee quote in 60 seconds. No signup, no card, no sales call. We'll just tell you what it'll cost and how fast we can file it.

WhatsApp us