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Tax Loss Harvesting

Tax loss harvesting is the process of selling some investments at a loss to reduce capital gains tax on investments sold at a profit. For investments held outside a tax-sheltered account (such as an ISA or SIPP in the UK where you don’t pay any capital gain or income tax) tax loss harvesting can be used effectively. We look at how tax loss harvesting is done, the pitfalls and some of the details of how to go about it