Can I offset lost pension against tax return

L

Lilia

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Dilhemma is this... 10 years pension paid into former employer's pension scheme which subsequently became insolvent and wound up when the company failed. Got a measly 8K from the pension which had to be transferred into my new job's pension. Can I somehow offset the massive loss of the pension against my income tax for this year? PAYE workers with one rental property which is the only other source of income than our salaries. As well as the pension losses, all shares I had in the company subsequently were wiped out to zero. Can I claim that also ?
 
Losses on investments (pension schemes, shares etc.) cannot be offset against PAYE income.

Losses incurred on shares can be offset against future gains
 
No im not trying to offset anything against PAYE income. Im talking about tax returns that I make due to having a rental property. Does anyone know can I offset the pension losses against income tax.
 
No. Losses on investments are capital losses and cannot be set against any income tax liability.
 
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