Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 445: Duty to notify conversions of shares
1886.This section derives from those parts of section 140G of ICTA concerning the information requirements when shares are converted and may result in a charge under this Chapter. The time limit for providing information has been extended from 30 to 92 days after the tax year in which the conversion takes place and expressed differently. See Change 111 in Annex 1.