dangerhere
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Note also that previously incurred losses must be written off against subsequent gains before one's annual CGT allowance when doing a return - e.g. if you have previously incurred losses of €1,270 and make a gain of €1,270 subsequently you cannot use your annual allowance of €1,270 to cancel this out and carry your previously incurred losses of €1,270 forward further. You must write the losses off.
ClubMan - do you have a link to the relevant tax act with this info?
Of course not! Thanks for posting the link.Hope ClubMan doesn't mind me interjecting here
There seems to be a lot of misinformation floating around these boards. Generally speaking what the people above me have said in correct
Regards,
Shane
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