Capital loss query on investment

[Stepheng]

Hi
I have a number of investments where I have incurred losses over the years,
Some property, some shares.

I contacted revenue to get some evidence of these losses which I could
Use in future against capital gains and hopefully get back some of these losses.

What I received back was on headed paper a letter saying

'Based on the information you provided you incurred a loss of 'x'.
Your capital loss of 'x' is available for offset against any future capital gains.

It is really just a piece of paper.

In one case the loss was incurred on shares bought through a stockbroker that no longer exists.

1.My question is, is this one sheet of paper enough to produce in future if I wish to claim the loss against a capital gain? It is all revenue have sent to me.

2. Also if you borrowed to invest and are now stuck with a loss
Can you include the interest (paid and ongoing) as a loss?

Thanks

 

[mercman]

I'd say you will require to provide supporting paperwork evidencing details of the asset, the full cost and disposal proceeds together with all the information in relation to the asset.

 

[Joe_90]

There are a number of different points here:
1. Did you suffer an actual loss, if so there is no doubt about your claim.
2. What was the position with the stockbroker did you own the shares?
3. Interest is not a deductible expenses for capital gains tax.