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Capital gains deduction and the CNIL balance - Michael Evans Chartered Accountant

CNIL balance is the excess of your investment losses (such as rental loss, interest expense and other carrying charges) over your investment income (such as rental income, interest income and dividends). The tax free portion of the profit will be reduced from the CNIL balance, thus converting the otherwise tax free profit into taxable profit and GTA Accountant can help you to get this taxable profit. We consult and advise on business startups and franchies. For more details you can email us at michael@gtaaccountant.com or visit our website @ https://www.gtaaccountant.com/

 

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