Share Redemption

[Alaric]

Great Portland Estates is operating a distribution of capital by the method of allocating B shares and then redeeming them.

The share split has already taken place, but the proceeds won't be received for a another couple of weeks.

For inclusion in CGT calculations is it
(a) the 2017-18 tax year
(b) next tax year
(c) my choice?

In practice the CGT calculation is a check that I haven't exceeded the limit and to establish the scope for last minute end of tax year sales to utilise this year's allowance.

[DrBunsenHoneydew]

The key date was the date the B shares were redeemed - 28th March, so it will be the 2017-18 CGT tax year, even though the money comes later. This is analogous to a normal share sale with 'settlement' a few days later - CGT is calculated as at the actual sale date.