CGT return - not applicable for net CG loss ?

[jrewing]

I understand that all Capital Gains from Jan-Nov 30 need to be declared by December 15th.

Possibly a stupid question: so far this year I have a net CG loss - I presume that I don't need to make a return at this time, is this correct ?

I will of course include all details in my Form 11 for 2009.

 

[DB74]

You don't make a return by 15-Dec - you just have to pay any tax which may be due

The return is made next year with your IT return for 2009

So if no tax then you don't need to worry about anything until you make the return next year.

 

[jrewing]

Thanks