tax implications

Psychosis I am wondering about your comment on the "very strange letter thread".

Can the capital loss be carried over several years? Or are you only thinking that if they continue trading?

I am particularly interested in tax scenarios if they go into administration.

Will the loss have to be written off all in one year in the year they go into administration? My capital losses will far exceed my tax payable for the financial year.

Any thoughts/previous experiences are welcome.