Shares Consolidation

[lawfra]

Hi Guys,
I own 530 Aviva ordinary shares in 2022. Aviva decided to consolidate their shares and return capital to shareholders by means of B shares. This was completed on the 16 May 2022. I have received cash in payment of the B shares. I would appreciate some advice as to how to complete the Capital Gains Tax Summary with respect to receipt of cash under the B shares scheme. Thanks.
Regards
Lawfra

[pawncob]

https://static.aviva.io/content/dam/aviva-corporate/documents/investors/pdfs/credit-investors/Guidance%20for%20shareholders%20on%20calculating%20capital%20gains%20following%20the%20Aviva%20B%20Share%20Scheme%202022.pdf

[billypiper]

You will have a part disposal for tax purposes on the cash element

Dennis

Taxesclear Ltd

+447802704840

[lawfra]

Thanks pawncob and billipiper for your replies. Much appreciated. I have calculated my gain using the Aviva guidance for calculating capital gains. It works out that I have a gain of £7.27. Do I still need to complete the capital gains summary as it is less than £12300 for Tax Year 2022/2023?

[pawncob]

No.

[lawfra]

Thanks pawncob