CG57761 - OEICs: monthly savings schemes: statement of practice 2/99

SP2/99 provided a simplified method of calculating the capital gains position for regular contributors to monthly saving schemes. It simplified particularly the calculation of indexation allowance. »Ê¹ÚÌåÓýapp basic approach of the SP is to treat all regular investments and small withdrawals as made in the seventh month of the OEIC’s accounting year.