TCGA92/S24(2) – Bargain made not at arm's length

It may be worth looking at the case in some detail if the claimant has subscribed for further shares shortly before the date on which the shares are claimed to have become of negligible value.

You should remember that if the transaction is not a bargain made at arm's length, then either

TCGA92/S17, see CG14540 onwards



TCGA92/S251(3), see CG53510 onwards

may apply to restrict the acquisition cost of the new shares.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.