Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Negligible values

22 April 2010
Issue: 4252 / Categories: News
London Scottish Bank plc

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 ...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon