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Contents

Official guidance
Capital Gains Manual

CG55400P · Shares and securities: quoted options to subscribe for shares, traded and financial options

  • CG55400 · Quoted options to subscribe for shares, traded and financial options: introduction
  • CG55402 · Quoted options to subscribe for shares, traded and financial options: income or CG
  • CG55415 · Quoted options to subscribe for shares, traded and financial options: losses
  • CG55416 · Quoted options to subscribe for shares, traded and financial options: not wasting assets
  • CG55431 · Quoted options to subscribe for shares: definition
  • CG55433 · Quoted options to subscribe for shares: acquisition cost: detachable warrants
  • CG55445 · Quoted options to subscribe for shares: position of purchaser
  • CG55455 · Quoted options to subscribe for shares: treatment of company: grant of option
  • CG55456 · Quoted options to subscribe for shares: treatment of company: detachable warrants
  • CG55458 · Quoted options to subscribe for shares: position of company if warrants are exercised
  • CG55465 · Quoted options to subscribe for shares: issue of warrants by person other than co: overseas bank
  • CG55477 · Quoted options to subscribe for shares: bonus issue of share warrants
  • CG55485 · Quoted options to subscribe for shares: issue with share reorganisation
  • CG55490 · Quoted options to subscribe for shares: issue with share reorganisation: example
  • CG55512 · Traded options: definition
  • CG55513 · Traded options: LIFFE
  • CG55514 · Traded options: LIFFE: standard form
  • CG55518 · Traded options: LIFFE: standard form: American style and European style contracts
  • CG55520 · Traded options: LIFFE: standard form: premium paid
  • CG55523 · Traded options: LIFFE: Grant of option: premium received
  • CG55525 · Traded options: LIFFE: purchaser of option: closing sales
  • CG55526 · Traded options: LIFFE: purchaser of option: exercise of option
  • CG55528 · Traded options: LIFFE: writer of option: closing out
  • CG55535 · Traded options: tax treatment: a series
  • CG55536 · Traded options: tax treatment: summary
  • CG55545 · Traded options: tax treatment: grantor of option: option closed out
  • CG55566 · Financial options: definition
  • CG55570 · Financial options: min-max contracts
  • CG55571 · Financial options: over-the-counter options
  • CG55580 · Financial options: Stock exchange traditional options
  • CG55582 · Financial options: Stock exchange traditional options: traded options
  • CG55590 · Financial options: tax treatment of grantor
  • CG55600 · Financial options: tax treatment of grantee
  1. Shares and securities: quoted options to subscribe for shares, traded and financial options: contents
  2. Quoted options to subscribe for shares, traded and financial options: not wasting assets

CG55416 | Quoted options to subscribe for shares, traded and financial options: not wasting assets

From HM Revenue & Customs · Capital Gains Manual

TCGA92/S146

Quoted options to subscribe for shares in a company, traded options and financial options are not wasting assets. This means that, if the option is abandoned or otherwise disposed of, the full cost of acquisition may be deducted in computing the loss or gain accruing on that disposal.

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