Bonus issues of securities and redeemable shares

This screen is accessed via the Data Input tab within the tax return. Data is entered via a grid, a new line is available each time a line is entered. Information entered here appears on the SA101 section of the tax return.

Include where a bonus issue of securities or redeemable shares is received, the amount of the distribution is:

for ‘redeemable share‘, their nominal value plus any premium payable

for ‘securities‘, the amount of the principal secured plus any premium payable minus any new consideration given for that issue.

• Description – enter a brief description of the bonus issue of securities and redeemable shares, this does not appear on the tax return and is for memo purposes only.

• Gross distribution – enter the gross amount received.