P543 Teletext 543 Feb11 00:11:14
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-- CAPITAL GAINS TAX ------------------
Teletext replies
In 1985 capital gains tax rules were
extended so that indexation could be
used to create a loss, or increase an
existing loss.
Changes made in the November 1993
budget returned everything to the pre-
1985 position.
Losses can no longer be indexed to
create or increase a capital loss.
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Always seek independent finance advice
Letters to: ADVICE CLINIC PO BOX 297
LONDON, SW6 1XT. Fax: 071 386 7808.
Property Plus Your money Tax Index