capital loss

[mountainbike]

If the accounts of a company show a write down for investment in shares, can a capital loss be claimed in the corporation tax return (the companies are not connected and the shares would not have qualified for SSE if there had been a gain)? Are any elections required.

Thanks

[Incredulum]

Are you making a negligible value claim (should be possible for ordinary shares), or merely hoping to mark them to market (not possible if these are ordinary shares).

[okevin]

not enough info.
have a look at s29 tcga and post further info.