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Where Taxpayers and Advisers Meet

Reporting capital gains on AIM shares -- Quoted Q or Unquoted U

pqtaxation
Posts:353
Joined:Wed Aug 06, 2008 3:38 pm

Postby pqtaxation » Tue Jun 26, 2007 8:55 am

I'm completing a capital gains return: are shares traded on LSE's AIM classified as Q(uoted) or U(nquoted)in column AA? The shares are not listed on any recognised foreign stock exchange and only on AIM.

Ian Wright
Posts:298
Joined:Wed Aug 06, 2008 3:23 pm

Postby Ian Wright » Tue Jul 24, 2007 2:04 pm

I beleive they are quoted but do not fall under the normal quoted rules

Regards

Ian

Ian Wright
WTC Tax Ltd
wtctax@gmail.com
Ian Wright
Tax Consultant
Wright Tax Consultancy Ltd
Hampshire
UK

Ian Wright
Posts:298
Joined:Wed Aug 06, 2008 3:23 pm

Postby Ian Wright » Tue Jul 24, 2007 2:06 pm

I hope you applied full business asset taper relief to these shares to reduce the gain!!!

Regards

Ian

Ian Wright
WTC Tax Ltd
wtctax@gmail.com
Ian Wright
Tax Consultant
Wright Tax Consultancy Ltd
Hampshire
UK


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