Total cost or market value of the shares held at the end of the period

If you are completing the return for accounting periods for which audited accounts have been prepared, use the value of the shares from the accounts.

If you are not completing the return by reference to accounting periods, use the asset values from the latest actuarial valuation before the end of the tax year, unless these values are no longer appropriate, in which case use a more appropriate value.

If audited accounts are not prepared, and no actuarial valuation was obtained, enter the total cost or the market value of scheme assets at the end of the year. If you use cost rather than market value, do the same for all later questions.

Where the date of acquisition of an asset is uncertain (for example, where the asset is acquired under a conditional contract) the accounting policy used in the accounts should be used to determine the date of acquisition.