Are losses inside a stocks and shares isa tax refundable in anyway?

Question

I invested 40k in stocks and shares isa. They lost value by 15k.

Is there any way to make this tax deductible somehow?

I hear rich people do stuff like this often.

I'm still holding onto the shares hoping they rebound.

And i don't want to talk to tax accountants if it isn't.

Answer 1

No, they are not. See eg here:

Any losses made on your investments in your stocks and shares ISAs can’t be used to offset capital gains on your other investments.