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Where Taxpayers and Advisers Meet

Fifo vs Section 104

DepreciatingAsset
Posts:2
Joined:Wed Jan 04, 2017 11:51 am
Fifo vs Section 104

Postby DepreciatingAsset » Wed Jan 04, 2017 11:57 am

Can I choose between Section 104 and FIFO for CGT calculations of Share disposals in my Self Assessment?

If both are possible, can I change from Fifo to Section 104 or am I required to continue with whatever I have used in the past?

many thanks!

pawncob
Posts:5099
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: Fifo vs Section 104

Postby pawncob » Sat Jan 07, 2017 8:43 pm

With a pinch of salt take what I say, but don't exceed your RDA


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