Apportionment of the base cost of CODA and SciSys Shares for capital gains tax purposes

Click here for an explanation of how to calculate the base cost of CODA Ltd and SciSys plc shares for capital gains tax purposes following the demerger of CODASciSys plc in September 2006.

The summary and examples are intended as a general guide only. The tax consequences of a future disposal of CODA or SciSys Shares will depend upon the particular circumstances of individual shareholders. Shareholders who are in any doubt about their taxation position should consult their own professional adviser and in particular should be aware that the calculation becomes more complicated if any CODASciSys Shares were acquired before 6 April 1998.