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Where Taxpayers and Advisers Meet

Records for Capital Gains Tax

Joined:Wed Aug 06, 2008 3:17 pm

Postby curlytom » Mon Feb 28, 2005 6:38 am

The Inland Revenue's Capital Gains Tax booklet states that it does not matter if you have not kept records before April 1996. Does this mean that they will accept your word for expenses paid before this date?

Joined:Wed Aug 06, 2008 3:11 pm

Postby ian.wright@beechams. » Tue Mar 01, 2005 1:36 am

They would have to accept your word as long as it is true and fair.

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