CGT following Dechra buyout

[Stevenew2024]

Hi, I held shares in Dechra, but they have been bought out and the value of shares (£130k) has been sent to my IG account in cash this week. If I buy shares to the same value before the tax year ends, will I avoid paying CGT on the £130k or as the shares have effectively been sold, do I have to pay the CGT anyway? Thank you.

[y0rkiebar]

You won't dodge CGT via another share purchase. You need to calculate your gain/loss and fill in the appropriate SA pages, you've got a £6K CGT allowance in 2023/24 tax year.