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Posted Sun, 21 Jul 2024 12:11:41 GMT by Jane Thornton
I have sold shares which were inherited from trust from a deceased grandparent and need to pay CGT for these. The shares were purchased in the trust therefore i have no way of knowing their purchase date or value. I do have the information regarding the trust value on the date it was transferred to me. Do I calculate the gain from the market value of the shares when transferred from trust or from the book value of the shares upon transfer to myself?
Posted Tue, 23 Jul 2024 11:54:19 GMT by HMRC Admin 17 Response


Hi ,
 
It will be the date they were transferred to you  .

Thank you .

 

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