Share this content
1

Tax relief on selling agent fees

Disposal of shares

Didn't find your answer?

In relation to the sale of shares in an unquoted trading company, if a selling agent is involved in the transaction and is thus paid a commission on a % basis, are their fees deductible from the sale proceeds for CGT purposes (as would be the case with a property being sold) 

Replies (1)

Please login or register to join the discussion.

Scooby
By gainsborough
07th Jul 2020 13:08

Sure - it is a cost wholly and exclusively to do with the disposal (TGCA 1992 s38 (2)).

Thanks (0)
Share this content

Related posts