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View Full Version : Cgt releif on losses 2006/7



evan
24-06-2010, 13:53 PM
A company that I held shares in Advanced Fluid Connections went into liquidation in 2006. I have kept all the documentation. I have not informed the taxman of these losses to date. I hope to claim relIief for the losses against expected gains on a property sale this current tax year. I am given to understand that there is a specific form to fill in to register details of these losses with the taxman, but can,t seem to find reference of it. Could anyone that knows the number of the form please let me know. Any help will be very much appreciated.
Not having any prior experience of the workings of CGT , I am finding trying to understand / compile all the info needed, with legal releifs etc a real nightmare.

Telometer
25-06-2010, 16:55 PM
sa108

http://www.hmrc.gov.uk/forms/sa108.pdf

You should put your claim in for your losses sooner rather than later, just in case your tax return for the gain is delayed. So complete the SA108 loss section for the 06/07 year.

evan
25-06-2010, 18:29 PM
Thanks Telometer. Top man. Will get on to it on monday.