[GNC] Securities disposals: pooling (not FIFO/LIFO/average costing) for UK cgt purposes: average price and identity (GNUCash v.4.5)

Christopher Lam christopher.lck at gmail.com
Sun Apr 25 07:28:03 EDT 2021


On Thu, 22 Apr 2021 at 18:44, RW Jones via gnucash-user <
gnucash-user at gnucash.org> wrote:

>
> [Summary of main question: can GNUCash v.4.5 operate with the UK capital
> gains tax rules on pooling requirements for determining price and ident
> of securities sold outright and/or on part disposals?]
>

The UK CGT treatment seems to recognise the average-cost basis of shares
similar to Canada. See https://www.adjustedcostbase.ca/ -- if so there's
some work pending[1] to calculate the average-cost of a particular stock.

[1] https://github.com/Gnucash/gnucash/pull/763


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