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Offset a capital loss against income in Personal Tax

  1. For each capital loss that you want to offset:
    1. Make sure it is entered in the
      Capital Gains Schedules
      .
    2. Check that the category is selected as
      Unquoted shares or securities
      .
    3. On the
      Additional Information
       tab, mark the
      Loss qualifies for relief against other income
       checkbox.
    4. Mark either the
      Negligible value claim
       or
      EIS/SEIS Shareholding
       checkbox, as needed.
  2. To offset the loss, select
    Edit
    , then
    Schedule Editor
    .
  3. Select
    Capital Gains
    , then
    Edit
    .
  4. Select
    Losses
    .
  5. Select the
    Unquoted Co. Losses
     tab.
  6. Enter the loss to be set against other income for this year or last year.

This article applies to:

  • Product: Digita Personal Business and Trust Tax