The share identification rules followed by IRIS for individuals and trusts on disposals on or after the 6th April 2008 are as follows:
Acquisitions on the same day as the disposal
Acquisitions within the following 30 days on a FIFO (first in, first out) basis.
Shares in the S.104 Holding; the market value at 31st March 1982 plus any subsequent events.
The share identification rules followed by IRIS for individuals and trusts on disposals up to and including 5th April 2008 are as follows:
Acquisitions on the same day as the disposal
Acquisitions within the following 30 days on a FIFO (first in, first out) basis.
Previous acquisitions after 5th April 1998 on a LIFO (last in, first out) basis.
Shares in the S.104 Holding - shares acquired after 5th April 1982 and comprised in the pool at 5th April 1998.
Shares in the 1982 Holding - shares acquired before 6th April 1982.
IRIS does not cater shares acquired prior to 6th April 1982, please use the Other Capital Gains section to enter your manually calculated gains.
The share identification rules followed by IRIS for limited companies are as follows:
Acquisitions on the same day as the disposal
Acquisitions within the following 30 days on a FIFO (first in, first out) basis.
Shares in the S.104 Holding - shares acquired after 5th April 1982 and comprised in the pool at 5th April 1998.
Shares in the 1982 Holding - shares acquired before 6th April 1982.
IRIS does not cater shares acquired prior to 6th April 1982, please use the Other Capital Gains section to enter your manually calculated gains.