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  • Is share pooling optional?

    I own many stocks of the same company. I sell some but not all of them. I am wondering if it is possible to calculate the cost basis of a sale by looking at specific stocks' purchase price, rather than forming a sharepool, to determine the cost basis. To illustrate: Bought 5 shares at $10 Bought 5 shares at $20 My broker tracks these shares individually, so I can choose to sell 3 of the ones I bought for $10. Given I know which specific shares I sold, can I use a cost basis of $10?
  • RE: Cost basis for stock acquired prior to UK residency

    If the stocks were acquired as part of an employee equity compensation program that grants RSUs, where stocks are granted and then vest at a later date, does this change the answer? If not, is the purchase price (and therefore cost basis) that of the grant or vest date? Thank you!
  • Cost basis for stock acquired prior to UK residency

    I acquired stock in a single company prior to moving to the UK. Now, as a UK resident, I sold some of that stock. What is the cost basis I should use when calculating the sharepool value? A concrete example: I purchased 5 stock units in Company A for $10 each prior to moving to the UK. 1) I read somewhere that the cost basis is set to 0 for stocks acquired while not a UK tax resident. Is that correct, or should I use the purchase price ($10)? 2) If I use the purchase price, what exchange rate should I use - that of the date of acquisition or of sale? Thank you!