Can I set trading losses against capital gains?

Y

ybbi

Guest
Was wondering can you offset Case 1 losses against Capital gain losses?
Or is it just the case you can only gain relief through offset of CGT losses against CGT gains?


Thanks in advance

YBBI
 
Re: Loss relief on Capital Gains

Captial Gains Tax is a separate tax to Income Tax. You cannot set off losses / gains from either against the other.
 
Re: Loss relief on Capital Gains

Cheers, I was think that alright.
 
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