Employee Shares

Hi, back in 2015, the company I was working for awarded me shares as "sweat equity" as an incentive to forgo pay rises and bonuses. The shares were in USD, as they were for a subsidiary of the group for whom I worked, which was registered in the US. Each share had a par value of $1, and I was awarded 20,000. I received share certificates, and a share subscription contract, in which it says I'd agreed to purchase the shares. In 2023 the company in question was sold, and my shares became worth more than the original value. I am now completing my self assessment, and entering the proceeds in the Capital Gains worksheet. Do I enter the original face value of the shares (when received i.e. 20k USD converted to GBP) in the "Cost or market value" section? Can you also confirm if i'm required to declare the proceeds as Capital Gains, as I read this article (https://www.gov.uk/tax-employee-share-schemes/employee-shareholder-shares) which says: "Before 17 March 2016 You only pay Capital Gains Tax on shares that were worth over £50,000 when you got them."? Thank you in advance

Hi,

You can see guidance here:

Tax when you sell shares

Thank you.