Commentary

C2.709 Disposals of relevant securities

Capital gains tax
Capital gains tax | Commentary

C2.709 Disposals of relevant securities

Capital gains tax | Commentary

C2.709 Disposals of relevant securities

For the meaning of relevant securities, see C2.702.

Relevant securities are excluded from the pooling provisions of TCGA 1992, s 1041.

Disposals by individuals and trustees after 5 April 1998

A disposal is matched with acquisitions in the following order:

  1.  

    •     Securities acquired on the same day as the disposal, treating all acquisitions on that day as having been made as a single transaction and all disposals on that day as having been made under a single transaction2. However, where shares of the same class are acquired by an individual on the same day and in the

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