circularrd
Registered User
- Messages
- 17
Retired now, ex bank employee. Over the years I received bank shares issued under a revenue approved staff profit-share scheme at no cost. Also the value of these shares was set according to an approved formula for use in the event of selling later at a profit. They are of course now valueless.
Am I correct in assuming that since they were free shares, I cannot claim any losses (for CGT purposes) or might it be possible to use the agreed values as a cost price. A long shot I think but I'd appreciate any advices.
Am I correct in assuming that since they were free shares, I cannot claim any losses (for CGT purposes) or might it be possible to use the agreed values as a cost price. A long shot I think but I'd appreciate any advices.