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CG76745 | Wasting assets: share warrants and other options

From HM Revenue & Customs · Capital Gains Manual

The wasting assets rules do not apply to:

  • a quoted option to subscribe for shares in a company;

  • a traded option;

  • a financial option;

  • an option over assets exercisable by a person intending. If the option is exercised, to use the assets for the purposes of a trade carried on by him or her.

See CG55400+ for advice on quoted, traded, and financial options.