Hi,
Using Degiro in the same year I have exited out of some ETF's this year enjoying some gains on some but suffering losses on others. Overall, the gains are greater than the losses.
Can these losses be offset against the gains for tax purposes?
e.g profit from 3 ETF's = €5,000
loss from 2 etf's= € 3,000
Ne loss to me =€2,000
Is my tax liability €5,000 or €2,000?
Using Degiro in the same year I have exited out of some ETF's this year enjoying some gains on some but suffering losses on others. Overall, the gains are greater than the losses.
Can these losses be offset against the gains for tax purposes?
e.g profit from 3 ETF's = €5,000
loss from 2 etf's= € 3,000
Ne loss to me =€2,000
Is my tax liability €5,000 or €2,000?