the shares are part of a trust fund the amount quoted are the book values given to me by the trustees i have an option of requesting the shares to be sold but need to know how much tax i will be liable for before agreeing
William, thank you for your reply. If the shares are held in a trust then the annual exempt amount for CGT purposes would be £5,500 and not £11,000 and CGT rate on the gain would be 28%. I hope this is helpful and answers your question. If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.