ISX vs ASX, page-317

We too are mum & dad investors, with ISX one of our four remaining holdings and our largest. I have a query which will only crystallise when our 250,000 shares are able to trade again. We bought in the early days. To date we have always completed our own tax returns, but the likely capital gains that will arise from ISX, whilst welcome, are out of our experience.

We would appreciate sound advice on how to deal with this gain. As pensioners it will almost certainly cause us to lose our Aged pension (asset value test, we have been able to work around this problem to now as there is no defined value of the shares). We can see that selling shares up to our tax free allowance is straight forward, but are there any timing methods or other means of mitigating the taxes paid if we want to draw any amounts over our tax free allowances.

I realise for some that they feel trapped because they can't sell, we feel trapped because we could have added more ISX to our portfolio and may be unable to do so if they open at a substantial jump.

Thanks to any contributors.