Allowable expenditure for CGT?

P

Patrick K

Guest
Can the costs of buying (stamp duty & commission) and selling shares (commission) be deducted from any CGT gains made before these gains are taxed at 20%?
 
Yes

And don't forget indexation relief (i.e. allowance for inflation) for assets purchased before (I think) 2002.
 
Allowable expenditure for CGT

Hi,

How is inflation calculated say for 6 years versus 8 years.

Is there a formula.

Paul
 
Re: Allowable expenditure for CGT

See here for how the Consumer Price Index is calculated
ajapale
 
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