Can I offset Stock Losses In Capital Gain For Income Tax

Original Post:

MyAccountantOnline

Business Member
Sep 24, 2008
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myaccountantonline.co.uk
I sell a share and gain profit of £1000, I sell another share with a loss of £500. Can I offset this loss for calculating total capital gain for tax purposes?
What are the shares and who have you sold them to?
 
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