if(MSFPhover) { MSFPnav8n=MSFPpreload("../_derived/next_cmp_Profile110_next.gif"); MSFPnav8h=MSFPpreload("../_derived/next_cmp_Profile110_next_a.gif"); } The franking tax offset will be automatically applied. - SMH.com.au 4002 702 0903 'Never a dull moment', Fund Manager looks at implications . You made a capital gain if the sale proceeds were more than the cost base of the stapled securities. The result is the adjusted cost base of each of your Woolworths shares. I have a few questions around the cost base of the EDV and WOW shares that I now currently own. The Demerger is anticipated to create two significant, standalone ASX listed companies. In FY21, Woolworths will incur separation costs of $50m. The demerger group is also provided with limited CGT relief. If you own less than 800 Woolworths shares (meaning that you will end up with a parcel of less than 800 Endeavour shares), you can elect to have these shares sold through a share sale facility. In order to have personal tax or finance questions answered, you will need to seek the services of a licensed practitioner who will be qualified to answer your queries. Neville decided he wanted the stapled securities sold so he did nothing. You must include your dividend amount, and the franking credit attached to it, at the Dividends label in your 201213 tax return. $1.3916 for each SCA Property Retail Trust unit, and. Read the tax part of the demerger booklet? A demerger, as defined in section 125-70, happened to the Woolworths demerger group, which included Woolworths and Endeavour. Endeavour Group will incur additional corporate and operating costs of $47m pa for its ASX listing, share registry, funding facilities, insurance, workers compensation and maintaining a separate board and management team. Owning Woolworths shares on 30November 2012 gave you a right to receive SCA Property Group stapled securities. See Cost base of new units. For further information on the Demerger refer to the Scheme Booklet ( PDF, 13MB) released by NAB dated 7 December 2015. Financials pre and post demerger for Woolworths and Endeavour Group. . The main concerns are likely to be: Woolworths Group today announced more details in relation to the demerger of Endeavour Drinks Group, revealing that investors could receive a potential $2 billion windfall when the company is demerged. Your Woolworths Limited in-specie distribution advice will tell you these amounts. If two or more organizations. // -->