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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
, see all updates

Paragraph 126 elections: how to make the election


The election must be made on the form RBE1. This can be downloaded from the HMRC website; search for RBE1.

Some trustees may have made the election in 2008-09 by writing to HMRC before the form was available. Those elections remain valid and there is no need to make a further election on the form.