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Company liquidation - making use of the loss for CGT

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Hi, A long time ago I bought £3500 worth of shares in the JOVE Investment trust. It went into liquidation and we got back close to £0. I want to sell some other shares and I was wondering if I can still make use of this loss. (Ie I want to sell as many shares as possibel without paying any CGT).

According to this webpage....
beta.companieshouse.gov.uk/company/01021886/insolvency

It went bankrupt in 2004 and liquidation was concluded in August 2012. I believe I have 4 years to make use of this loss so I think I can make use of it this current tax year. But I'm not sure if the 4 years is from the final 'Disolved Date' or some othere earlier date?

Also, do I need to record the details on my tax return, or do I only need to do this if I breach the CGT threshold?

Comments

  • Keep_pedalling
    Keep_pedalling Posts: 20,760 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    The 4 years is based on disposal of the asset, which in this case would be when you received the few pennies from the liquidation process.
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