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Employee Shareholder Status

1. Select the year 2014:

2.  Select Share Schemes | Share Acquired and click New.

The following screen displays.

3. Complete the following fields, COMPANY, Class of Share, Unquoted shares, Date shares acquired, Number of shares, Amount paid PER SHARE, Market value PER SHARE when acquired and the Taxable amount.

4. Select Shares qualify for employee shareholder status.

5. Enter Payment deemed as made per share. This field is automatically calculated as follows:

2000 / (Number of shares x Market Value)

6. Enter the Taxable amount. This field is automatically calculated as follow:

Market value – Payment Deemed as made) x number of shares