Been waiting for a share to be declared of Negligible Value on HMRC list as it ceased trading and went into insolvency.
Just learnt that it was declared insolvent and it appears the last Administrators report was made in August 2010. This said no return to shareholders.
Because it was an AIM share it was never added to the HMRC list ... and no assets being returned to shareholders so never received any notification of the insolvency completion - so my questions today are:
a) Am I too late to register a claim for a capital gains loss - given I've only just found out and there was no obvious way of knowing earlier?
b) Technically, when did the asset cease to exist at the point or become of zero value? When it went into administration? When they declared no chance of a return to shareholders or ... when?
Thanks in advance
PS I have no gains to offset against this but would ideally like to register the loss against future gains to be declared - as and when I sell AIM or full LSE shares etc.
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