Tax back on Deposit loss

J

JPC

Guest
Hi,

Just wondering if anyone knows the answer to this question.

I am a PAYE worker. I had a deposit of 15k on an apartment and the developer has recently gone into liquidation. It looks like I will not get any of my deposit back and the apartment is not near complete.

The question really is the following: Is it possible to claim tax back on the 15k that I have effectively lost?
 
If the property was been bought as an investment then you will have a capital gain taxes loss that can be carried forward to offset against future gains.
 
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