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Where Taxpayers and Advisers Meet

Overseas Gains and UK Losses

brotherbear
Posts:4
Joined:Fri Nov 08, 2013 12:36 pm
Overseas Gains and UK Losses

Postby brotherbear » Thu Mar 07, 2019 1:53 pm

Hi All,

If a capital gain has been made on an overseas property in the same tax year as losses on the disposal of UK shares, is it possible to set my UK losses against the foreign capital gain?

Hope you can help :?

AGoodman
Posts:1745
Joined:Fri May 16, 2014 3:47 pm

Re: Overseas Gains and UK Losses

Postby AGoodman » Mon Mar 11, 2019 2:16 pm

Yes, assuming neither involves business/trading, you should be fine.


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