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A client invested in a UK based venture in 2016. The investment included shares and a non interest bearing loan. The client made a gain on the shares. The client has received back the GBP value of the initial loan, the Euro value was less than the amount of Euro for the initial loan invested in 2016. Is the FX loss on the loan an as an allowable loss on the individuals' cgt return? Thanks

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Asked on 3 December 2019 10:50 pm