This guidance applies only to share disposals on or after 6 April 2010
Where shares have been transferred by means of no gain/no loss disposal, and there is a subsequent disposal of the shares on or after 6 April 2010, the amendments to the EGLBAGL Regulations made by SI 2010/809 apply in relation to the earlier no gain/no loss disposal, even if this happens before 6 April 2010. See example 1 at CFM62330.
The interaction between the EGLBAGL Regulations and indexation allowance means that this can disadvantage the taxpayer in some circumstances. For this reason,
•where a company disposes of an asset on or after 6 April 2010, and