Capital loss on on inherited property

[Yiannis17]

Afternoon

I have a situation whereby a client has acquired a property on the death of their father. The property is based in France. Client is UK resident. The property has been sold now and there is a loss from the amount transferred to him on death. Is this an allowable capital loss to be declared in his tax return?

What happens also if he decides to move to France. My understanding is that the loss remains until any future UK capital losses.

Thank you

[maths]

If the client is UK resident and domiciled any capital loss arising on the sale is available for offset against capital gains of the same and/or future tax years.

If, non-domiciled, the position is more complex.