How does PAS handle CGT (Capital Gains Tax)?

Depending on the purchase date of the asset, PAS handles the pre 20th September 1985 assets, according to the 1988 valuation rule, the 1999 Frozen cost index and the 2/3rds rule. If a portfolio holds shares of a one company purchased as parcels over an extended period of time, PAS provides a choice to users when selling shares, as to which parcel of shares to sell from. For users wanting to see the Tax impact of selling one parcel or another, PAS allows "What If Analysis" and the potential CGT liability is displayed on screen prior to completing the transaction.

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