Capital Gains

katsclaws

I have some losses on shares which I need to set against Capital Gains. The loss includes shares which had dividends paid in shares eg £800 for share purchase and £100 in dividend shares. What amount needs to go on Self Assessment Return for Capital Losses. ? Is it £800 or £900.  

jimmo

Dividends paid as shares are treated as if you had received money and then immediately used that money to buy the shares.
So, depending on individual circumstances, you needed to declare the dividend income for income tax purposes.
In your case the cost of the shares is £900 and the loss is £900 less anything you received for the shares. 

katsclaws

Thank you jimmo. That is helpful.