Combining capital gains and losses

Hello, I had a property that is nationalised for the to be built motorway abroad and I was paid a sum for the land I purchased many years ago. There would be a gain from that nationalisation. In the same tax year I incurred loss from a sale of investment fund. My question is can the capital loss from the sale of fund be deducted from the gain on the nationalization of the land. Thnnaks.

Another question: The money for the nationalisation was paid to a reserve account not under my name or my account in November 2022. However I received the money in my account only in January 2023 when the procedures were completed. I assume I should use the GBP exchange rate in January 2023 rather than November 2022, am I correct? Thanks.

Hi,

Yes to both.

Thank you.