Presented in association with

Taxation

Income / Capital / Employment Taxes

Quoted Shares and Investments – The UK CGT Regime

This course provides a detailed examination of the current capital gains regime as it applies specifically to UK quoted shares and securities. It is aimed specifically at individuals working in the investment management or banking sphere but will also be of use to anyone who has to compute the CGT position of private clients or individuals who have investments in the quoted markets.

PROGRAMME

OVERVIEW OF CGT

• Income or capital?
• Chargeable person, assets and occasions
• Basic computational rules
• Reliefs and exemptions
• Taper relief
• Losses, indexation and rebasing

THE QUOTED SECURITIES REGIME

• Matching sales with acquisitions
• Identification rules
  ~ Individuals
  ~ Companies
• Bed and breakfast rules
• Valuation rules
• Measuring the gain – normal disposals
• Previous rules – summary

SPECIAL TRANSACTIONS

• Rights and bonus issues
• Scrip dividends
• Reorganisations and takeovers
• Demergers
• Purchase of own shares and buy-backs
• Calls and instalment purchases
• Liquidation and negligible value claims
• Husband and wife transfers

OTHER TRANSACTIONS

• Gilts, stocks and bonds
• Investments with tax breaks
• Unit trusts
• Company share schemes

SPEAKER

Russell Cockburn BSc
Former Inspector of Taxes, Tax Consultant

19 June 2008

£510 + VAT

1 day course 09.30-17.00

'Russel was a great trainer - made a difficult subject lively and interesting!'

Quoted Shares and Investments – The UK CGT Regime