HMRC has accepted shares in Conviviality plc as having negligible value with effect from the 2017/18 tax year, for the purposes of a claim 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 re-acquired, either on the date of the claim or at a specified time within the two tax years prior to the year of claim.
HMRC’s full list of negligible value securities is available at bit.ly/2Uf4g0S.
HMRC has accepted shares in Conviviality plc as having negligible value with effect from the 2017/18 tax year, for the purposes of a claim 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 re-acquired, either on the date of the claim or at a specified time within the two tax years prior to the year of claim.
HMRC’s full list of negligible value securities is available at bit.ly/2Uf4g0S.
