Taxes on share options

Hello My company gave me the chance to buy share option a few years ago. I purchased 4000 share options. The scheme gives me the option to buy actual shares end 2024 (currently at a lower price than the market value). The other thing that may happen is that the company may buy back the options - to save me having to buy and sell the shares. If I buy the shares - or the company buys back the options - then what tax do I pay? Reading some similar threads on this forum, I believe it maybe exempt from income tax, but if I sold the shares a future date I would pay capital gains tax (if above the CGT threshold). Is that correct? Thank you

Hi Dacornel,
Please refer to:
Tax and Employee Share Schemes
Thank you.