HMRC: Negligible Value Claims for Tax Purposes

We use some essential cookies to make this website work. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. We also use cookies set by other sites to help us deliver content from their services. You have accepted additional cookies. You can change your cookie settings at any time. You have rejected additional cookies. You can change your cookie settings at any time. How to make a negligible value claim for unquoted shares, and how to check if shares previously quoted on the London Stock Exchange now have negligible value. For tax purposes there is no accepted definition of ‘negligible value’. It usually applies to assets that have become worth almost nothing while someone has owned them. Assets cannot have been of negligible value when you acquired them. They must have become of negligible value while you owned them. If you have evidence to show that your assets no longer have any value since you acquired them, you may be able to make a negligible value claim to HMRC. You can use this to realise a loss to reduce your Capital Gains Tax liability. Make a claim by either: Your tax office may ask the Shares and Assets Valuation team to consider your claim. You’ll need to give the following information: You’ll need to give full and comprehensive information that shows the shares or securities have become of negligible value. HMRC publishes a list of shares and securities in companies that: You can use it to find shares which have been declared as being worth negligible value up to and including 31 August 2026. You’ll still have to submit your claim to HMRC if you own shares or securities for a company shown on the list. A list is not published for: Use this list to check if the shares or securities you hold in a company are of negligible value. Select the first letter of the company name in the Negligible Value Agreement list index. If the company appears in the list, this tells you that your shares or securities: The ‘security’ is the ownership interest held by the shareholders in a company. This interest is realised in the form of publicly traded stock or shares, including ordinary shares and preferred stock. The ‘effective date’ is the date that an agreement or transaction becomes binding. This is the date (or length of time) on which a claim to negligible value on the shown security is valid. The ‘dissolved date’ is the date the company ceased to legally exist. You cannot make a negligible value claim on or after the date the company has been dissolved. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 August 2026. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 April 2026. A new company has also been added to the list. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 28 February 2026. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 December 2025. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 November 2025. A new company has been added to the list. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 October 2025. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 September 2025. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 August 2025. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 July 2025. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 June 2025. HMRC's list of shares which have been declared as bein