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hello
i was wondering if the investors relief applies also to shares studies in chapter 13 of the lectures, considering it meets the requirement to be eligible for investors relief.
im slightly confused since we studied the two chapters separately and are both about shares where the investor does not need to be an officer or an employee.and if investor relief does not apply, then how are they different?
Chapter 13 describes how when any shares are sold they are matched with the shares purchased in order to compute the gain or loss arising on disposal.
Chapter 14 details the reliefs that are available to exempt gains, defer gains or reduce the tax rate applicable to gains. These reliefs are only available on qualifying assets and qualifying shares may qualify for business asset disposal relief, investors relief or gift holdover relief.
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