Mark Hawkins

Slight correction on language to make this clearer. Must I always pool these newly vested shares of the same type to the existing section 104 or can I choose to not add/pool them and instead manage them separately as a discrete lot with their own cost / cap gains calculation?

I have previously vested RSU shares in a section 104 holding. I am still receiving new RSU shares of the same type, each come as a lot with their own recorded costs. Must I pool this newly vested shares of the same type to the existing section 104 or can I manage them separately as a discrete lot with their own cost / cap gains calculation?

Thank you, this is clear.

Thanks, so am I right in saying as soon as the new RSU shares vest they immediately inherit (add to) the section 104 holding?

The company I work for (US based) awards RSU shares annually which partially vest each quarter over a 5 year period. I have a US broker account where the previously vested shares reside. I understand that I need to treat these shares as a section 104 holding for the purpose of CGT calculation when I sell. I was recently told by an advisor that for newly vest shares, there is a period which I can sell them before they add to and inherit the section 104 holding gains/loses. I can sell immediately (on the day they vest) up to 30 days after the vest date. I wanted to confirm is this correct?