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Do I get Tax back on a loss from selling shares?

Posted 15 March 2017 under Tax Q&A

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Mike says:
15 March 2017 at 17:51

I bought shares in a private company (cost me 100k). We have now sold the company in full and my portion of the payout is 80k (i. e. 20k loss). Can I claim tax back on this amount? And if so, what do I need to do it?

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TaxTim TaxTim says:
15 March 2017 at 19:52

Unfortunately you cannot claim a tax refund, this capital loss will carry forward to future years and therefore be offset against any future capital gains.


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