CGT Loss v Stamp Duty

apd

Registered User
Messages
84
Hi,

After view on of the recent threads, I also made an 8000 euro GCT loss on stock during the bubble of 2001. I no longer deal in shares so have no opportunity to write this loss off.

I am in the position now that I may soon owe the revenue 9000 euro in stamp duty on for the FTB claw back.

Would anyone care to hazard a guess as to whether the Revenue would be open to writing one off against the other?

my only other option with the CGT loss is to keep it until i sell the house in many years when (if it has been a rental property for anytime) i will owe some CGT on the profit.
 
No - you cannot offset capital losses against SD liabilities. You can only offset capital losses against capital gains.
 
Back
Top