capital gains sale of uk property

pumps

Registered User
Messages
24
Can I offset a loss on sale of shares in Euromomentum April 2006 against profit from sale of UK property in January 06? Also as property in joint names with husband, can we claim 1270 euro exemption x 2?
 
Yes you can offset loss on disposal of shares against gain on disposal of property as they occurred in the same 'initial' period. As the property was held in joint names, then both of you will be entitled to claim your personal annual exemption each.
 
Thank you for your reply. Does it matter that loss on shares was a) in my sole name and b) in a different country i.e Irish shares loss UK property gain?
 
Back
Top