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Is it Time to Realise some Gains ?
Joe65_2
Posts: 148 Forumite
With this years wipeout for anyone who held onto both their B&B & Halifax de-Mutualisation Shares, can a Capital Gain be offset against a these losses ?
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Comments
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What losses, though? You can't claim a loss just because the shares are worth less than they were before; you can only claim the difference between what you paid and what you sold for, if the latter amount is smaller.0
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cheerfulcat wrote: »What losses, though? You can't claim a loss just because the shares are worth less than they were before; you can only claim the difference between what you paid and what you sold for, if the latter amount is smaller.
I cann't remember. Didn't we notionally pay anything for these 'Free' shares ?
I guess the B&B ones are already worthless ?0 -
You paid nothing and you will get nothing.
They will be capital gain neutral - when we get a certificate saying they are worthless.0
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