CGT on Accumulation Shares

May 26, 2012 1 Replies

Help ! It used to be that dividends on Accumulation Shares could be added onto the purchase price, thus increasing the purchase price reported, and reducing the CGT. Nothing that I have found online seems to mention this fact. Is it still a fact - I'm talking about Acc shares held for nearly twenty years, so it could make a huge difference?



Advice would be gratefully received.



GOG


Sorry!!! I did, obviously, mean accumulation funds, such as Unit Trusts. Must be more careful to be precise.

GOG

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