RE: Tax losses25 Apr 2024 12:32
If you sell now 2024/2025 Capital Gains allowance has been reduced to £6,000 and dividend allowance to £500 for basic tax payers. All thanks to Hunt the ****. As others have replied, you can use your losses in the future which is open ended. Therefore, all this tax year if needed or part of, or none until you need it. Obviously, this is could all change under a change of government. Positive or negative. Either way, current fiscal drag is killing us.