HMRC have accepted the following securities as having negligible value during March 2010 for the purposes of a claim under TCGA 1992 s 24(2).
Company | Security | Effective date |
London Scottish Bank plc. (The Government has ensured that the retail depositors will receive their monies deposited in full. However it does appear that this will not apply to the unsecured creditors.) | 10p ords | 8.1.2010 |
Where the value of shares has become negligible ...
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