Hello,
Through bad luck or simply overpaying we’re set to make a sizeable loss as we sell our main/sole residence.
I would like to know if we can recoup some of these losses by declaring the loss for Capital Gains. I own a number of shares in my employer’s company and would like to know if I can deduct the profits of selling those shares from the loss made on the property.
Additional:
As the property is in the name of both myself and my wife and we both own shares can we both declare the CGT loss on the property?
I’ve paid CGT before but only using the HMRC’s one off web forms. I’ve never done self-assessment.
Many thanks
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