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Posted Tue, 14 Jun 2022 20:28:35 GMT by Tanpuc
Hi, I was granted a 3yr RSU in 2019 while I was employed in the UK, and a year later I left the UK, and the RSU has now in 2022 fully vested. My tax affairs are up to date for all years through 2021 with HRMC. For tax year 2021/2022, I had no UK income or ties, other than the RSU vesting. I'm trying to understand whether a SA is necessary or not? Upon vesting this year, my employer, sold partial shares and paid my tax liability (P45 was issued to me) and handed the remaining RSUs to me, which are being held in my US broker. If a SA is necessary, how should it be filled out? 1. Do I take the P45 income and tax withehld and declare it in Box 1 and 2 on the SA102? 2. As I had only partial vesting in UK, and also, during grant time 2019-2020, while on UK payroll, I had filed non-dom, remittance basis with OWR. How do I declare this on the SA109? My employer had tallied my UK working days vs. non-UK and apportioned the UK income, which is approx. 1/3 UK income, i.e. 1/3 the RSU income. 3. The income was below the starter rate, so my employer applied their NIC % (13.8%) + 19% starter rate, 32.8%. USD/GBP is as per HMRC declared tables and RSU price was taken on close of market rate of vesting date. Unclear if SA is needed, and if above logic is correct. I am lost on SA109, because I am not in the Uk anymore, and not sure how to demonstrate the non-UK days of termination of postUK payroll + OWR for the UK period of vesting. Thank you for any clarifications.
Posted Wed, 15 Jun 2022 14:24:24 GMT by HMRC Admin 17

Hi,
 
The employment page should hold the total pay and tax deducted as shown on the P60.

As the tax paid on the RSU is not shown on the P60, you can show this as a Foreign Tax Credit on
the foreign section of the tax return. 

Thank you.

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