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Where Taxpayers and Advisers Meet

FIFO or Section 104 for Shareholdings

DepreciatingAsset
Posts:2
Joined:Wed Jan 04, 2017 11:51 am
FIFO or Section 104 for Shareholdings

Postby DepreciatingAsset » Wed Jan 04, 2017 12:18 pm

Can I choose between FIFO or Section 104 to calculate the CGT of share disposals in my Self Assessment?

If so, is it possible to switch between FIFO and Section 104 at some point?

many thanks!

bd6759
Posts:4270
Joined:Sat Feb 01, 2014 3:26 pm

Re: FIFO or Section 104 for Shareholdings

Postby bd6759 » Wed Jan 04, 2017 5:40 pm

You must use s104, subject to the B&B rules.


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