Time Machine can usually automatically delete enough older (and small sized) incremental files to make room for new (and small sizedl) incremental backups. But......when the backup disk down to limited available space.......and......a new larger than normal backup is attempted.......Time Machine simply cannot delete enough data to make room for the new much larger than normal backup.
Unfortunately, this is a detail that Apple neglects to mention.
You have two options at that point:
Option 1........erase the backup drive and start over again with a new backup of the new Mac and move forward.
Option 2......if you do not want to lose the old backups on the backup disk.......(few users ever need them).......you can use the Archive function in AirPort Utility to copy all of the data on the backup drive over to a USB drive connected to the Time Capsule. Once that is done, then you can erase the main backup drive and start over again with a new backup.