paulgul
Member of DD Central
Posts: 401
Likes: 92
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Post by paulgul on Jul 24, 2023 8:22:57 GMT
The email mentions about claiming losses on your tax returns, does anyone intend doing this?
What information would the Inland Revenue want in proving theses investments were made and their value
Paul
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Post by scepticalinvestor on Jul 26, 2023 6:25:57 GMT
The email mentions about claiming losses on your tax returns, does anyone intend doing this? What information would the Inland Revenue want in proving theses investments were made and their value Paul It's on self declaratory basis. For evidence (only if your return gets picked up and queried), I suppose we'd just use what we've been given with the numbers. You can deduct the loss from capital gains made this year, or gains from previous years or gains in future years, in that order. When you report a loss, the amount is deducted from the gains you made in the same tax year. If your total taxable gain is still above the tax-free allowance, you can deduct unused losses from previous tax years. If they reduce your gain to the tax-free allowance, you can carry forward the remaining losses to a future tax year.
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neilone
New Member
Posts: 5
Likes: 2
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Post by neilone on Jul 31, 2023 18:23:03 GMT
I have received the quarterly update today. However, the web site is still down for me , is that a general problem
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Post by a on Aug 21, 2023 14:09:01 GMT
How do we get the money available now paid back?
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