CG50526 - Share identification rules: 1982 to 1985: existing share pools

If the value of the pool at the end was greater it was broken up into different parts.

A reduced holding regarded as a single asset which the taxpayer was treated as having held a year before FA82 came into force. The taxpayer would be entitled immediately to indexation allowance on any disposal out of this holding. Indexation allowance would be given from March 1982.

Individual blocks of shares acquired during the year to 5 April 1982 (31 March for companies). The taxpayer would be entitled to indexation allowance on the disposal of these shares after they had been held for twelve months.