Irish Life &Permanent loss

We invested £1600 in Irish Life in 1991.
It is now worth about €30. Main loss being about 2011.
If we sell other profitable shares this year can the loss be included for Capital Gains Tax.

Yes, but you will have to sell the Irish Life Shares to use the losses.

Brendan

Thank you. That is great.

Brendan Burgess said:

Yes, but you will have to sell the Irish Life Shares to use the losses.

Brendan

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There's arguably scope for a negligible value claim...

Can a loss on selling Irish life shares be used against the tax on sell of profitable units in an Irish Life Scope fund?

Rob F said:

Can a loss on selling Irish life shares be used against the tax on sell of profitable units in an Irish Life Scope fund?

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Unfortunately not...unit fund gains can't be sheltered by a loss...nor can a loss on a unit fund be used elsewhere.