How do we treat annual exclusion when the taxpayer has made a Capital Loss?
Posted 9 October 2014
CGT QUESTIONÏs the taxpayer entitled to annual exclusion if they made a Capital Loss? If Yes, what does the exclusion do to that loss (reduce or increase) ?
TaxTim Marc said: 12 October 2014 at 11:10
It reduces the loss and carries forward to the next year.