Tax relief on share losses?

[Demosco]

Hi,
My query is probably not as clear cut as the title implies

I was awarded some stock/shares at work three years ago, at the time of the award there was a big chunk of the value taken away and paid to the government (benefit in kind I assume). Since then the shares have more than halved in value, I recently sold the shares. So I am wondering if I am entitled to claim a tax credit on the losses? <edit> maybe not a tax credit, but balance the losses against profits from other investments?</edit>

For example: Awarded shares with a value of €1,000
BIK deducted @ 40% (not sure exactly what the rate is)
Value remaining €600
Shares sold for €200 three years later
Is there any tax relief on the €400 loss?

Thanks

 

[Ravima]

In short, NO.

You can carry over any loss to be credited against any profit you might make in the future.