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Allowable expenses on sale of company shares

Rebecca Leff
Posted Wed, 25 Oct 2023 12:58:32 GMT by Rebecca Leff
Can i claim for legal fees against a gain made on sale of shares in a trading company. I will also be claiming business asset disposal relief as a shareholder/officer, but have had to pay £10k in legal fees as a direct expense relating to the 100% disposal in this trading business.? can this be claimed ?
HMRC Admin 20 Response
Posted Fri, 27 Oct 2023 13:45:24 GMT by HMRC Admin 20 Response
Hi Rebecca Leff,
Please refer to CG15250 - Expenditure: incidental costs of acquisition and disposal
Thank you.


 

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