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Selling Shares 5k gain, 3k loss; carry over 3k loss ?
MutatedConcern
Posts: 2 Newbie
in Cutting tax
Let say in the same tax year:
In any case there should be no tax to pay since the gross and net gain is under the capital gains tax allowance.
The loss would only be useful if we were allowed to carry it over.
Thank you!
- I sell shares in company A and make a gain of £5000
- I also sell shares in company B and make a loss of £3000
In any case there should be no tax to pay since the gross and net gain is under the capital gains tax allowance.
The loss would only be useful if we were allowed to carry it over.
Thank you!
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Thank you for the fast answer .. very useful links0
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