Example 1 – a ‘first relevant disposal’ before 23 June 2010

In October 2006 W exchanged his shares in his ‘personal company’ partly for cash and partly for QCBs. The original cost of the shares was £900,000 and he received total consideration of £4,000,000, consisting of £250,000 cash and £3,750,000 QCBs. W then disposes of his QCBs in three tranches:-

one third in January 2008,

one third in March 2009, and

one third in October 2010.

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.