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Where Taxpayers and Advisers Meet

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by chriscanning7
Fri Jun 14, 2019 11:31 am
Forum: Income Tax
Topic: seeking HMRC approval for claiming a capitalloss on the sale of apartments in Bulgaria in 2009
Replies: 2
Views: 471

seeking HMRC approval for claiming a capitalloss on the sale of apartments in Bulgaria in 2009

I was hoping someone may be able to advise. I sold two apartments in 2009 that were in Bulgaria. The total loss was £33,000 I never reported the loss and never realised I might be able to set the loss against a gain in the future. I have just submitted a self assessment for 2017/18. In this year I s...
by chriscanning7
Fri Apr 19, 2019 10:51 am
Forum: Property Taxation
Topic: Tax relief on personal loans
Replies: 1
Views: 410

Tax relief on personal loans

Thank you for your help. I am trying to understand what tx relief I can get on my buy to let property. I purchased an apartment in bulgaria with a personal loan from TESCO bank. I also own a BTL property in the UK. When I complete mt tax, can I offset the interest on the personal loan. My understand...

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