Journal P&L and Tax Reports
P&L, Tax report, Tax loss harvesting
There will be no Tax Loss Harvesting opportunity in the following cases:
- No realised profits – If you haven’t booked any gains during the financial year, there’s no tax liability to offset.
- Realised losses are greater than realised profits – If your total losses (both short-term and long-term) exceed your profits, there’s no additional tax to reduce.
Related FAQs

