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Negligible values

31 May 2011
Issue: 4306 / Categories: News , Capital Gains
Pressac plc

HMRC have accepted the following securities as having negligible value during April 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
Pressac plc ords 14.6.2006


Full list of negligible value securities.

Issue: 4306 / Categories: News , Capital Gains
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