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Posted Mon, 16 Sep 2024 21:00:19 GMT by Monday
Hello, I was awarded some shares through a RSU scheme whilst working overseas some years ago (non UK tax resident). Having returned to the UK and now tax resident here, what would the deemed cost of acquiring these shares be for CGT calculation purposes if I was to sell them as a UK tax payer? Thanks
Posted Wed, 25 Sep 2024 18:49:35 GMT by Monday
Thanks, but I don't see where in the guidance sheet it refers to my question. Could you point me to the right place please.
Posted Thu, 26 Sep 2024 13:18:17 GMT by Dj Smith
Hello, I have been awarded some shares by my employer who are predominantly based in India. They advise me that before I can take ownership of them I need to pay uk tax on the., which they will calculate and I will then pay they will then declare this via my normal pay/p60. Once this activity happens I can then sell the shares. Will this initial tax payment remove the need for any other tax/cgt liability?
Posted Fri, 04 Oct 2024 14:25:26 GMT by HMRC Admin 25 Response
Hi Dj Smith,
Once you sell them you may be liable for Capital Gains Tax if the value has increased
Please see:
ERSM180020 - CGT Interface
Thank you.

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