Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Wed, 01 Sep 2021 21:02:25 GMT by OIi from Reading
Over 3 years ago I invested in some EIS schemes, primarily to defer some CGT liability. Some of those schemes have recently become "negligible value" and the shares have been sold by the scheme operator. My interest is claiming loss relief and handling the CGT coming back into charge. My question is, regarding either the CGT or the loss relief, can I defer either of these so that I can manage them as though the event happened in future years (ie submit the claim as part of a future self assessment return)? My problem is that the total CGT for all the schemes that terminated this year is over my CGT allowance for the year, and the amount of loss relief I can claim is greater than my income tax payment, so if I have to handle both of them in one year for all schemes I'll have to pay CGT and lose out on loss relief. Thanks, Oli

You must be signed in to post in this forum.