Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
, see all updates

Assets held on 6/4/65: formal election

If a computation based on a 6 April 1965 valuation is supplied before a formal electionfor valuation at 6 April 1965 has been made, no comment should be made on the computationuntil the formal election has been obtained. The election is irrevocable so it must besigned by the person making the disposal. The signature of an agent, relative, spouse orcivil partner is unacceptable. An election which is made subject to certain conditions isalso unacceptable. For general advice on dealing with elections see CG13700+.