A loss on a share can only be used to offset the capital gain on another asset (shares, property etc). The loss if declared can however be carried forward,ad infinitum, until a capital gain is made.
For example:
Your loss this year: $10 000
Your capital gain this year: $ 5000
Capital gains taxable this year: $0
Loss carried forward: $5 000
PSC News related topic, page-808
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.34M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $35.85K | 341.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 115632 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 131956 | 3 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| PSC (ASX) Chart |