CGT and rental losses

CGT and rental losses

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I would appreciate some advice please. My client has sold her only buy-to-let property(unfurnished) and has realised a small profit on which there is a CGT liability. She has accumulated rental losses of approx £10,000. Can these losses be used to reduce the CGT liability?

Thank you. 

Replies (4)

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By Paul D Utherone
18th Jan 2016 14:00

No

they can't

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Replying to stepurhan:
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By steverose
18th Jan 2016 14:57

CGT and rental losses

Thank you for your comment. Much appreciated. As I thought but wanted to be sure.

Kind regards

Steve

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Replying to Tax Dragon:
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By steverose
18th Jan 2016 14:57

CGT and rental losses

Dear Phil

Thank you for confirming and for this useful link.

Kind regards

Steve

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