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when is the relevant date of CGT

cash receipt prior to SPA

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My client has sold the shares in his companies, A & B.

Money was received for his shares in A in 2018/19, for B in 2019/20. The SPA & stock transfer forms for both sales were dated in 2019/20 (the SPA for A states that all moeny has already been paid).

TCGA92/S1 (1) states that "In general, there is a chargeable occasion whenever a capital sum is received, where the receipt can be related to the ownership of an asset", which makes me think that the disposal of A for CGT purposes was when the cash was received (18/19) not the date of the agreement (19/20).

Am I right?

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