Morning,
Easy question...
I have capital disposals resulting in gains on residential property and share disposals and losses on share disposals only. My understanding is that the losses on the share disposals can be offset against the residential property gain, rather than offsetting the gains on the other shares disposed (therefore reducing the amount of gain being taxed at the residential property rate of 28%)...but, my software is automatically allocating the share losses to the share gains, leaving the residential property gain wholly taxable at 28%...have I missed something?!
Thanks in advance for any advice
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