Share this content
0
374

Capital gain

Didn't find your answer?

Search AccountingWEB

I have calculated a capital gain in 2018/19 below the annual exemption threshold. I have a capital loss in 2017/18. Do I have to offset this loss against the gain or carry forward the losses and the gain covered by the annual exemption? 

Replies

Please login or register to join the discussion.

26th Jun 2019 23:26

If the gain is covered by annual exemption the losses are preserved.

Thanks (0)
Share this content