CGT offset time limit?

CGT offset time limit?

9:50 AM, 6th November 2018, About 6 years ago 1

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I have recently sold a property and I am now in the process of calculating my Capital Gains Tax (CGT) bill.

I bought shares in some companies some years ago which went in to receivership.

Does anyone know if there is a time limit when the loss can be offset against any gain for calculating my CGT bill?

Many Thanks.

Adrian
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Comments

Mark Alexander - Founder of Property118

13:04 PM, 6th November 2018, About 6 years ago

There is no time limit attached to allowable capital losses, providing they have been correctly recorded on your tax returns.

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