Capital gains tax on bonus shares

This discussion explores the complexities of capital gains tax (CGT) when dealing with bonus shares. The user is seeking clarification on how CGT applies to shares purchased and bonus shares received both before and after 31st January 2018. The advice provided suggests that if the share price on 31st January 2018 exceeded the original cost, Long Term Capital Gains (LTCG) will be calculated based on the Fair Market Value (FMV) as of that date, with bonus shares inheriting the same purchase price.