Will
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RE: How do I report 2023/4 net share losses against CGT liability on a house sold in March 2024?
Thanks for reply - our gain was in 2023/4 and soon needs to be reported, but the residential CGT calculator only seems to picks up losses from previous years. Do we need to complete 2023/4 tax returns first to record our share losses so that these are "on file" to be offset against any gain? Thanks -
How do I report 2023/4 net share losses against CGT liability on a house sold in March 2024?
We have been trying to report a CGT gain on a property my wife and I sold a few weeks ago but we have both sold shares in the last year (all at a loss) and we can't figure out how to report the share loss on the HMRC calculator. Our combined loss on shares is about £35k and we have each made a "gain" on our property of about £100k before other allowances. Thanks for any advice