I'm not a financial advisor, nor offering advice, but as far as I know you cannot claim any losses back against income tax !
Not sure at what stage the loss becomes 'recognised' once share is untradeable (eg when it left aim, or when it goes bust etc), but losses can ten be offset against any CAPITAL GAINS in that tax year... or you can carry the loss over to the next tax year provided you declare it in the relevent tax year.
Suggest you take advice from someone with some relevent knowledge, not the so-called self proclaimed 'experts' such as Bloch or you may regret it !
Excuse this question if it sounds thick. I bought around 2k in this company a few years which are obviously worth nothing at the moment. Am I allowed to claim that loss back against income tax as they are now of negligible value? Or is that not how it works? Thanks
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