I'm trying to figure out if the cash payment I received following the following RNS should be taxed as a capital gain or as income.
The wording states it's a return of capital, so I assume it's CGT. Can anyone help in providing complete clarity on this ?
Since the company is listed London I don't quite know why they do not offer more firm guidance.
I need to figure it out before the end of the current tax year, so utilization of the CGT allowance can be maximized.    Google has not provided the answer.


VinaLand Limited
Distribution of Capital from Share Premium Account
RNS Number : 7271Y
VinaLand Limited
07 December 2017


07 December 2017

VinaLand Limited (the "Company" or "VNL")
Distribution of Capital from Share Premium Account of the Company

Ho Chi Minh City - VinaLand Limited, the AIM-quoted investment vehicle established to target strategic segments within Vietnam's emerging real estate market, announces that it will make a distribution of USD0.33 per ordinary share from the Share Premium Account.

The distribution of approximately USD60.4 million in total will be returned equally to all shareholders, representing USD33 cents per ordinary share.

Details of the distribution are as follows:

· Ex-distribution date: Thursday, 14 December 2017

· Record date: Friday, 15 December 2017

· Paid date: Tuesday, 19 December 2017

More information on the Company is available at www.vnl-fund.com.

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