Wonder if any one can answer this please not one i have dealt with before.
Client purchased shares through company in 2014 at a cost of £55,000 with tax paid.
In tax year 2016/17 he received the pay out on these shares through his salary and paid tax on the full amount.
Hence he should be able to claim the tax back on this initial purchase?
Filling out his self-assessment does this go into other tax reliefs and deductions section- Relief claimed on a qualifying distribution on the redemption of bonus shares or securities.
Thanks in advance for any advice.