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Tax relief on selling agent fees

Disposal of shares

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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) 

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By gainsborough
07th Jul 2020 13:08

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

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