Investors relief
Author
Discussion

Ungarsee

Original Poster:

372 posts

243 months

Friday 29th November 2024
quotequote all
Struggling to find a clear answer to this online so thought I’d ask the ever reliable pistonheads members.

I was able to buy shares in Revolut via the Seedrs platform back in 2017 and if the rumours are right they will probably IPO in the next year or two. I know investors relief is applicable to shares in unlisted companies but what happens if that company lists before you sell the shares? Do I lose the relief? Thanks.

Panamax

8,490 posts

58 months

Saturday 30th November 2024
quotequote all
This is an extract from the HMRC Capital Gains Tax manual,

"At the point immediately before the disposal......

A share is a qualifying share if -

5. the company’s shares or securities are not listed on a recognised stock exchange at the time of issue

So you might be in luck! Paid advice recommended.