Tax on Dividend and capital gains from shares in the ESPP plan

I am working for the UK subsidiary of a US publicly listed company. As part of my employment, I participate in an Employee Stock Purchase Plan (ESPP), all of which are US shares. The dividend is automatically reinvested to buy fraction of the shares. All shares (including the dividend shares) have been held in the ESPP account always (approx. 10 years) and have been never taken out. A US tax also gets applied to the dividends and the sale as well. Recently I sold some shares from the plan. My questions 1) Are the dividends taxable in the UK? 2) Will I incur CGT on the shares I sold?

Hi,

1. The dividends are not, as they are automatically reinvested by the company.  
2. You need to report the sale of the shares and if any CGT is due then you can offset any foreign CGT paid to reduce your bill.

Thank you.