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Negligible values

18 February 2011
Issue: 4293 / Categories: News
World Trade Systems; Marchpole Holdings

HMRC have accepted the following securities as having negligible value during January 2011 for capital gains tax purposes under TCGA 1992 s 24(2).

Where the value of shares has become negligible an allowable loss may be established by the owner claiming that they are treated as being sold and reacquired either on the date of the claim or at a specified time within the two tax years prior to the date of claim.


Company Security Effective date
World Trade Systems plc Ords

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