Property CGT losses carried forward after subsequent sale
Property CGT losses carried forward after subsequent sale
Author
Discussion

twokcc

Original Poster:

1,031 posts

206 months

Friday 22nd July 2022
quotequote all
How are CGT losses (from property sale) carried forward when subsequent sale made.
The gain on the subsequent sale less than the annual CGT allowance
For example
CGT loss brought forward say £20k
Gain on sale of subsequent property £5k (so less than CGT allowance for the tax year s no CGT due

Is loss carried forward £20k or £15k
Tried googling -think may be £20k but need to make sure , thanks

Alpinestars

13,954 posts

273 months

Saturday 23rd July 2022
quotequote all
£20k.

twokcc

Original Poster:

1,031 posts

206 months

Sunday 24th July 2022
quotequote all
Thanks Alpinestars