volley
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US Treasury Bill
I purchased a US treasury bill at discount (i.e. face value at US$10000, and paid at US$9900) and held the treasury bill until maturity. The amount at date of purchase and the amount at maturity, after converting from USD to GBP, resulted at a loss of GBP100. How do I report such loss (GBP100) in the tax return (which form)? Can I offset such loss against my other income? Thanks.