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.