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Taxes for UK RSUs when moving abroad

Posted Mon, 27 Nov 2023 22:41:23 GMT by
How are RSUs granted in the UK taxed when moving abroad (EU country)? If I was granted a certain amount of RSUs (vesting over four years) a year ago, and I were to move abroad next year, would I owe any UK tax on RSUs vesting next year when I'm no longer a UK tax resident? e.g. 2023: 40k of RSU granted, vesting over four years 2023: UK tax resident, 10k RSU vesting, income tax + national insurance paid in UK 2024: no longer a UK tax resident, 10k vesting. What tax is it owed and where? I'm finding contrasting information on the matter online, and it would be great if this could be clarified. Thanks!
HMRC Admin 32
Posted Thu, 30 Nov 2023 13:43:27 GMT by HMRC Admin 32
Hi,

There was a change in the Finance Act 2014 which affects this. Please refer to:

ERSM162100 - International from 6 April 2015: impact of residence and domicile status on employment-related securities & options

ERSM162200 - International from 6 April 2015: principles of the Finance Act 2014 residence rules for employment-related securities & options

Thank you.

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