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
A loss on a share can only be used to offset the capital gain on...
-
- There are more pages in this discussion • 240 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PSC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $55.04M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 11.5¢ | $44.37K | 373.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 149 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 73036 | 3 |
View Market Depth
| Last trade - 13.06pm 25/07/2024 (20 minute delay) ? |
| PSC (ASX) Chart |