carrying forward capital losses
Posted: Fri Jan 12, 2018 1:52 pm
hi i made a wrong decision in buying shares in tullow oil in 2014 a ftse listed company. the total capital losses i made on that investment was approx was £42000k unfortunately my accountant and myself missed that and haven't accounted for that loss yet on my accountants
can i carry forward the capital loss / against any income tax due going forward for end of this tax year 2016/2017 or 2017/2018 or have has the time in which i can carry forward that loss is laped. any hints or tips or advice would be greatly appreciated.
Kind Regards
Chetan
can i carry forward the capital loss / against any income tax due going forward for end of this tax year 2016/2017 or 2017/2018 or have has the time in which i can carry forward that loss is laped. any hints or tips or advice would be greatly appreciated.
Kind Regards
Chetan