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A client deals in purchase and sale of listed shares. His bank has from time to time charged interest and charges for late settlement. He has received some scrip dividend. I have prepared the capital gains summary and adjusted it by deducting bank charges and increasing the gain by cash equivalent of scrip dividend. Is this the correct way to deal with these two items please?

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By duncanedwards
20th Nov 2014 13:52

What have ....
What have bank charges got to do with the calculation of chargeable gains? (Unless the rules have changed since I last did a computation.)

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