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Negligible values

28 May 2010
Issue: 4257 / Categories: News
Erinaceous Group plc

HMRC have accepted the following securities as having negligible value during April 2010 for the purposes of a claim under TCGA 1992 s 24(2).

 

Company Security
Effective date
Erinaceous Group plc Ords 0.5p 23.3.2010


       
Where the value of shares has become negligible an allowable loss may be established by the owner claiming that they are treated as being sold and reacquired either on the date of the claim or...

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