The purpose of this conversion is to minimise CGT. CGT is discounted after 12 months.
therefore, the date it was exercised + 12 months and 1 day is the date a buyout is to be expected to be and beyond.
Anything before this time next year is unlikely...or likely who really knows but it would neglect all the “tax planning purposes” Dr T performed.
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- Ann: Appendix 3Y - Dr Daniel Tillett
The purpose of this conversion is to minimise CGT. CGT is...
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