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When calculating chargeable gain on share pool for a company (involving rights issues, etc), I find it easier to deduct the indexation allowance (multiplied by the proportion of shares disposed of) at the end, instead of using the standard 3 column method which keeps a ‘rolling’ indexed value of all the shares. Will I be penalised for using this method?
Thank you for taking the time to reply – I will spend a couple of hours learning the proper methodology.
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