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Capital Losses during Administration



Answer
AndrewT11
Posted 16 days ago by AndrewT11
If an asset is sold at a loss during the administration of an estate, are the beneficiaries allowed to claim their share of those losses to offset their future gains.
Answer
HMRC Admin 19 Response
Posted 10 days ago by HMRC Admin 19 Response
Hi,
You can see guidance here:
CG30750 - Death and Personal Representatives: Period of administration and ascertainment of residue: Personal representatives: sales: before residue is ascertained
Thank you.
 

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