CG55052 - Conversion of securities: compensation stock: identification rules

»Ê¹ÚÌåÓýappre are separate identification rules for the disposal of compensation gilts, TCGA92/S134 (3). »Ê¹ÚÌåÓýappse also cover gilts of the same kind which the taxpayer may have acquired by purchase or gift. Disposals should be identified in the following order.

  • First against compensation gilts on a first in/first out basis.
  • »Ê¹ÚÌåÓýappn against non-compensation gilts on a first in/first out basis.