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Merrill Lynch Investment Managers launches CGT software

Merrill Lynch Investment Managers is launching a software package designed to process capital gains tax calculations.

The software models the tax effect of any transaction before it is made and produces a full UK capital gains tax report, summarising all investment transactions and the rate of taper relief applicable to each transaction. It will also provide figures to be entered directly into the client&#39s tax return.

MLIM portfolio manager and director Robert Dunbar says: “Our software provides all the relevant gain calculations at the press of a button, allowing swift investment decisions to be made on behalf of the client.”

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