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What is an allowable loss 2024?

Harper Bell | 2023-05-08 00:38:50 | page views：1179
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Eliza Gonzales

Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
8. If you make a loss. You can report losses on a chargeable asset to HM Revenue and Customs ( HMRC ) to reduce your total taxable gains. Losses used in this way are called 'allowable losses'.
2023-05-09 00:38:50
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Charlotte Gonzalez

QuesHub.com delivers expert answers and knowledge to you.
8. If you make a loss. You can report losses on a chargeable asset to HM Revenue and Customs ( HMRC ) to reduce your total taxable gains. Losses used in this way are called 'allowable losses'.
Capital Gains Tax: If you make a loss - GOV.UK
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