CGT question?22 Dec 2020 14:17
Can anyone confidently answer a capital gains tax question?
If you had £10k of FRR in a share ISA, then it delisted leading to the shares being thrown out of the ISA.
If FRR then went into administration, could you register a CGT loss of the £10k? Or would you not be able to claim any, as at the time I’d delisting you could say the shares were worth zero, so there is no loss.
I AM NOT SAYING THIS IS WHAT IS GOING TO HAPPEN! I’m just trying to look to balance potential losses against gains for this tax year.