Let’s say I bought £200 of shares in an unlisted company via my LTD last year.
This £200 was put into a nominal called investments and placed in the asset category.
The company I bought into got bought out and I received a payment of £2,200.
Obviously the full £2,200 isn’t a full return.
The £2,200 was paid into company bank account, I shouldn’t mark this all under misc income.
Question 1: How would I define the £200 as a return of my initial capital and separate this from the £2,200 incoming payment? The reality is my capital gain is £2k, not £2.2k
Question 2: How would I also create entries for any broker fees connected to the above (where I’m not provided with an invoice )