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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
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Groups: indexation allowance restriction: redeemable preference shares

Where a disposal of redeemable preference shares represents a part-disposal of a larger pooled holding, and not all the shares were acquired when the companies were linked, this requires a more complex apportionment. CG46220 sets out a suggested method. You should consider any alternative apportionment proposed by the company on its merits.