Calculation of Losses for CGT

[royed31]

Hello

I want to calculate my losses on a share holding I have so I can uses it to offset against gains but am unsure on how to do this

I have a holding in Wood Group

It is made up of 1310 shares from Amec Foster and Wheeler with a book val of £10,538.21 ( see below)

Wood acquired them and I received 0.75 x 1310 shares in Wood from Amec giving me 982 new shares in Wood Group

I also had purchased  on 12-Jun-17 Buy 855 @ £6.94 = £5,933.70 shares in Wood before this acquisition

So I have now have 1837 in Wood Group

I am not sure how to calculate the losses on this holding and this will affect other disposals in the financial year

Any guidance would be greatly appreciated on how I calculate the losses on this  holding


   Amec Foster Wheeler (AMFW) Trading History
Date No. Price Total
09-Jun-17 Sell -320.00 £4.93 -£1,578.14

04-Oct-16 Buy 150.00 £5.94 £890.25

01-Mar-16 Buy 320.00 £3.81 £1,217.60

01-Jul-15 Buy 360.00 £8.25 £2,968.70

09-Apr-15 Buy 320.00 £9.20 £2,943.07

05-Apr-13 Buy 480.00 £10.61 £5,092.80

Remaining 1310.00 £13,112.43 Total Buys

Total Bought 1630.00 £8.04 £10,538.21 Book Cost

[bd6759]

http://www.cgtcalculator.com/

[Stats]

Looks to me as if you now have a single "pool" of Wood shares covering the entire period, each share with the same average cost. For the CGT return you would insert "Pool" rather than identifying individual acquisition dates.
The minor complication is your sale on 9th June 2017. For CGT purposes, I believe that should have been matched under the "30-day" Rule against part of your re-purchase on 12th June 2017, with the balance of the 12th June purchase being added to the Pool.
If that re-purchase created a loss, I wonder if it should have been "claimed" at the time to ensure that it could be carried forward ?