Hi all,
I opened an account with Quinn in Jan 2006 and deposited a lump sum into it, spreading it over a number of freeway funds. Obviously, with the way the markets have gone over the last few years, there is currently no tax liability on this as I am down on my initial investment. My Q is. If I deposit 5K now, will this 5K investment be treated seperately from a tax point of view from the rest of the investment, or will any potential gains made by it be offset by losses on the original investment, thereby reducing the tax liability?
Thanks in advance.