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Posted Thu, 07 Dec 2023 22:14:28 GMT by
I lost a lot of money on shares in 2008/2009 - around £80000. I am trying to sell a house and may be liable for some capital gains tax. Can I offset the losses from the shares ?
Posted Tue, 12 Dec 2023 15:31:53 GMT by HMRC Admin 5 Response
Hi,

If you had previously advised HMRC of these losses and they are on record, yes you can use them.
If you did not previously tell us, it is now to late as they must be notified within 4 years of them arising.

Thank you

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