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HMRC internal manual

Capital Gains Manual

Assets: checking valuations: relaxation of requirement to obtain valuation

There are two circumstances in which the requirement that you obtain a valuation has been relaxed. These are

  • where a capital loss of less than £100,000 arises as a result of a negligible value claim under TCGA92/S24 (2) in respect of unquoted shares in certain United Kingdom registered companies, see CG13145.
  • certain disposals in which a claim is made under TCGA92/S165 or TCGA92/S260 to hold over the gain, see CG67130+.