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

HMRC internal manual

Capital Gains Manual

Small capital distributions: computation: Section 104 holding

The effect of an election under TCGA92/S122 (4) will be to reduce the pool of qualifying expenditure and the pool of indexed expenditure to nil. The taxpayer may get an indexed loss if the disposal is made before 30 November 1993.