CGT liability on American ShareSave shareholding

loki_the_glt

I have approximately £78000 in Wal-Mart shares, acquired in several tranches through to September 2015, plus the re-investment of dividends.
How do I value these for CGT purposes?

NorthYorkie

Sorry don't understand your question. You have just suggested they are worth £78,000?

loki_the_glt

I thought that my original post was succinct, but obviously not.

Their current value is approximately £78000 - exchange rate and share price fluctuations make it impossible to put a precise value on them.

I wish to sell at least part of this holding, to invest in the UK, but am aware that HMRC will want a chunk of the sale price. I am trying to make sure that, as I may, the minimum amount of tax is paid.

NorthYorkie

You take the actual purchase and sale price (in US$ presumably) and convert to sterling at the exchange rate prevailing at the date of the purchase/sale.

To do the calculation of the gain/loss in the case of a part-disposal see CG51501 - Share identification rules: outline of guidance - HMRC internal manual - GOV.UK