Pre-Budget Report 2009 - Northern Rock restructuring

Posted on December 9, 2009 by Barry Hallam

Ahead of tomorrow’s Pre-Budget Report the Treasury has announced the restructuring of Northern Rock.

This is a timely reminder for those who held shares in the company that it may be possible to make a claim for the loss to set against other capital gains. Full details can be found on the HMRC website.

A similar situation arises for shareholders in Bradford & Bingley.

We will be blogging on SME Plus Blog and Tax Plus Blog on Pre-Budget Report day. If you do not already subscribe to our blogs click here  for SME Plus Blog or here  for Tax Plus Blog to ensure you get our comment and analysis as and when it happens.

Barry Hallam is a senior manager at Mercer & Hole. If you would like to discuss the contents of this post with Barry you can call him on 020 7353 1597. 

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