12 month rule, page-8

  1. simco
    849 Posts.
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    06/12/08
    18:49
    Post #: 4579382
    CGT is only ever payable on disposal of an asset. If you dispose of an asset whilst in accumulation mode, yes you will have a CGT applicable. If you dispose of an asset in pension mode there is no CGT event as it is exempt income.

    Moving from accumulation to pension is not a disposal of an asset.
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