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Joined: 10/26/2024
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Tax on deferred share bonus
Our company changed the bonus scheme so half of it was shares (based on the share value at the time) but only awarded 3 years after the bonus date if you stayed with the company. On share award (after 3 years), what taxes become payable (eg paye, ni, capital gains)? On selling the shares, what taxes become payable (eg capital gain, paye, ni)? Assuming £3k shares at £1 each at bonus time, £3 each on award after 3 years.