From: "Fred Gibson" 
Newsgroups: uk.finance
Subject: Need to work out CGT without having a record of purchase prices
Date: Mon, 5 Jan 2004 13:11:25 -0000



I've taken over the management of an elderly relative's share portfolio of
about £35K. Most of these she has owned for more than 20 years plus the odd
privatisation stock etc but are now held in a broker's nominee a/c.

She has no record of the purchase price, so how can I work out the CGT/taper
relief, if I now dispose of some/all of these? Should I just check with the
registrars and work out the market price prevailing on the date of transfer
to her or is there an easier way?

This must be a common problem... so could someone point me in the right
direction?

Cheers
Fred