CGT offset time limit?
9:50 AM, 6th November 2018, 8 years ago
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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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1:04 PM, 6th November 2018, About 8 years ago
There is no time limit attached to allowable capital losses, providing they have been correctly recorded on your tax returns.