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Posted Tue, 23 Apr 2024 09:17:42 GMT by AA L
Hi, I have 2 questions. 1. My shares were consolidated. For each 19 shares, it is now 15 shares, If the purchase price was GBP 1900 for the 19 shares, is it correct to adjust the purchase price to GBP 1900/15, i.e. 126.67 for the purpose of calculating capital gain tax? 2. I received 1 bonus share for each 10 shares owned. If the purchase price was GBP1000 for the 10 shares owned, is it correct to adjust the purchase price to GBP1000/11, i.e. 90.9 for the purchase of calculating capital gain tax. And for the 1 bonus share, it would be reported for tax purpose as dividend based on the share price of when the bonus share was announced? Many thanks
Posted Tue, 30 Apr 2024 09:02:08 GMT by HMRC Admin 8
Please refer to guidance at:
Capital Gains Tax: share reorganisation, takeover or merger
Thank you.

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