We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Can i offset a loss on AIM

longwalks1
longwalks1 Posts: 3,837 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in Savings & investments
can I offset a loss I made on an AIM listed company, IF (and its a big IF) I were to exceed my CGT allowance for the year? If so, how long do I have to register the loss?

Thanks

Comments

  • IronWolf
    IronWolf Posts: 6,462 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yes, if you sell the shares in the same tax year that you realise the capital gain then it offsets it.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    It's all here.

    http://www.hmrc.gov.uk/cgt/intro/losses.htm
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture