Employee Share Incentive Plans

Hi. I'm a UK employee but work for a US company. As part of my package, I receive company shares which vest after 3 years. At the point of vesting, shares are withheld to pay for state tax at 49%. When now selling the remaining shares, some more than 5 years old, and some less 3 years old, is tax payable on the proceeds given that tax has already been paid in the US? Or is there an offset process to follow?

Hi,

You can find information here:

Tax and Employee Share Schemes

Thank you.