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CGT calculation on a loan note
wabbitpoo
Posts: 80 Forumite
I need to action my loan note following the Boots acquisition last year. I could, I suppose, decide to cash it all in (£27K or so) but am mindful of CGT.
My question to you is, what value would be used to calculate the gain? They were my wife's shares obtained thru save as you earn; then we transferred them to me. Then Boots bought them back off me, leaving me with the loan note. At which point during all that would the initial value of the investment have been calculated in order to work out the gain?
My question to you is, what value would be used to calculate the gain? They were my wife's shares obtained thru save as you earn; then we transferred them to me. Then Boots bought them back off me, leaving me with the loan note. At which point during all that would the initial value of the investment have been calculated in order to work out the gain?
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