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Hello, I have been searching the forum for answers to US Bills related questions and it seems that they are classified as DDS in the UK. After reading the SAIM3000 documents I still have one doubt regarding how gains and losses apply to the Fiscal Year. I understand that losses cannot be deducted but, in case of having multiple DDS some of them creating a profit and some generating a loss. Are those offset of FY calculation purposes or are losses counted as zero? To make this question a bit more clear, let me add and example: DDS1 -> gain £100 DDS2 -> gain £50 DD3 -> loss £100 is the total amount taxable for the FY £50? Or, on the contrary the loss should be considered as 0 gain (as cannot be deducted) and the taxable amount is £150? Thank you