Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Mon, 16 Sep 2024 15:25:46 GMT by WinnieL
I'm now live in UK and UK tax resident. I'm under the basic tax rate on income tax because I worked start from Feb24 to Jun24, now is unemployed. I just exercised and sold my previous company share options with some gains, which provided to employees (Denmark listed company) these days. My Questions are: (1) My previous home country will tax me the sell of share options as income tax. May I know if I can apply tax relief for that part on HRMC? (2) May I know if I need to pay for CGT? If yes, what's the CGT allowance for Year 24/25? And its CGT tax rate? Thanks. 

Name removed admin .
Posted Wed, 25 Sep 2024 14:15:56 GMT by HMRC Admin 32 Response
Hi,
You can claim foreign tax credit relief to set against your UK liability for the same source. For details on how to report, please refer to:
Report and pay your Capital Gains Tax
Thank you.

You must be signed in to post in this forum.