Offsetting Gains and Losses

I sold some assets recently in my home country. There was a mix of shares, ETFs, reporting and non reporting investment funds. Overall they were at a gain. I have another account in the UK with assets at a loss, mainly GB investment funds and trusts. Can I safely crystallise my losses and offset gains at home against losses in the UK?

Hi Sixto Olson,

Yes.  All parts of your foreign capital gains calculation must be converted to pounds sterling, using an official echange rate in place at the time.  
The official exchange rates can be found at:- Exchange rates from HMRC in CSV and XML format.

Thank you.