CGT Allowance - in which financial year

[Nomad_2017]

Afternoon all

I recently disposed of some share options on the 4th April, the trade was completed on the 4th. However, settlement of the trade was made to me on the 7th April 2017.

The question is whether the settlement that I was given on the 7th April falls in the 2016/2017 CGT allowance or whether it applies to 2017/2018 allowance.

Having read about this on the web, I have seen mixed views; grateful for thoughts on this.

Many thanks

[Peter D]

There is your answer "the trade was completed on the 4th" The date of the contract of sale is the disposal date. Regards Peter