Paper shares I would like to transfer into a stocks and shares ISA

an1179

wmb194 said:

You can do it manually and the effect is the same but with iWeb's process you'd save £5, you save the need to request the transfer of the cash from the Gia to the Isa and the sale and repurchase would happen, it says, close to simultaneously. 

Your certificate(s) don't give you your total holdings? It's strange that you say Computershare wants to change you to know your holding: is it saying you need to pay for a replacement certificate? How old is your certificate? Aviva had a 19 for 25 share split on 16/05/22 and you should have been issued a new certificate.

https://www.aviva.com/newsroom/news-releases/2022/03/proposed-return-of-capital-to-shareholders/

https://www.aviva.com/investors/managing-your-shares-faq/#return-of-capital

https://static.aviva.io/content/dam/aviva-corporate/documents/investors/pdfs/credit-investors/Circular.pdf

Thanks for that information  wmn194.   I forgot that the total number of shares is printed on the dividend statements, I have dividend reinvestment on the shares so lots of certificates; or not so many taking into account the 2022 share split, thanks for the reminder.  My original share certificates go back to pre 2000. 

wmb194

an1179 said:

wmb194 said:

You can do it manually and the effect is the same but with iWeb's process you'd save £5, you save the need to request the transfer of the cash from the Gia to the Isa and the sale and repurchase would happen, it says, close to simultaneously. 

Your certificate(s) don't give you your total holdings? It's strange that you say Computershare wants to change you to know your holding: is it saying you need to pay for a replacement certificate? How old is your certificate? Aviva had a 19 for 25 share split on 16/05/22 and you should have been issued a new certificate.

https://www.aviva.com/newsroom/news-releases/2022/03/proposed-return-of-capital-to-shareholders/

https://www.aviva.com/investors/managing-your-shares-faq/#return-of-capital

https://static.aviva.io/content/dam/aviva-corporate/documents/investors/pdfs/credit-investors/Circular.pdf

Thanks for that information  wmn194.   I forgot that the total number of shares is printed on the dividend statements, I have dividend reinvestment on the shares so lots of certificates; or not so many taking into account the 2022 share split, thanks for the reminder.  My original share certificates go back to pre 2000. 

The only valid certificates will be the post 16/05/22 ones. Once you've lodged these newer ones make sure to destroy the old, superseded certificates or else your executors will have the fruitless task of figuring out whether they're valid or not.

an1179

Thank you for your very helpful advice

an1179

I have another question concerning capital gains/losses.  Will I have to add up all the original investment amounts and the reinvested dividend shares to ascertain the total investment before I destroy the old share certificates to calculate capital gain/loss?  
TIA

eskbanker

an1179 said:

I have another question concerning capital gains/losses.  Will I have to add up all the original investment amounts and the reinvested dividend shares to ascertain the total investment before I destroy the old share certificates to calculate capital gain/loss?  
TIA

You do need to ensure that you have the acquisition costs in order to calculate CGT liability but that's not directly related to the certificates themselves, it'll be on the contract notes or other paperwork from the time.