Relief claimed on redemption of bonus shares
This screen is accessed via the Data input tab within the tax return. To claim relief for tax already paid when bonus shares or securities were issued, enter details here. Ensure the redemption has already been entered as a qualifying distribution in the section for Dividends from UK companies.
- Description – enter a description of the bonus shares.
- Relief claimed – enter the higher rate tax paid on the non-qualifying distribution of those shares. This will have been paid in the year of issue.
To delete a line from the grid, click the ‘trash can‘ button at the end of the line.