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.