From: Peter Saxton 
Newsgroups: uk.finance
Subject: Re: Need to work out CGT without having a record of purchase prices
Date: Tue, 06 Jan 2004 08:49:10 +0000

On Tue, 6 Jan 2004 06:58:49 -0000, "Fred Gibson"
 wrote:

>>
>> I can see a huge moral dilemma looming.  Suppose her portfolio
>> contains gilts, of the sort that used to be called War Bonds,
>> then no doubt they too would be undesirable from the ethical view.
>> But by association so would anything which brings money to the
>> government.  And that, of course, includes tax.  So by divesting
>> herself too quickly of ethically unsound assets, she would incur
>> more CGT than if she waited a bit (even until April 2005), and if
>> paying more CGT helps to fund an ethically bankrupt government,
>> St Peter won't be impressed, will he?   :-)
>>
>
>Be it as it may, you have to respect people's wishes, even if they are
>contrary to your own exquisite and overriding sense of greed. =
Personally,
>there are things I (and she) would not buy or sell or do. Maybe that's =
just
>me, or maybe I'm just not as greedy as you.
>
>At any rate I still have to calculate her potential CGT liability =
whenever
>she does decide to sell her assets.
>
>
>Cheers
>Fred
>
Don't you think you're getting a bit pompous here?


--=20
Peter Saxton from London
peter@petersaxton.co.uk