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HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
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Quoted options to subscribe for shares, traded and financial options: not wasting assets

TCGA92/S146

Quoted options to subscribe for shares in a company, traded options and financial options are not wasting assets. This means that, if the option is abandoned or otherwise disposed of, the full cost of acquisition may be deducted in computing the loss or gain accruing on that disposal.