Nikolai
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RE: Does same-day sale of vesting RSUs count towards total proceeds and trigger reporting?
Yes, the employer includes vested shares on P60. What I don't understand is: does the same day sale of the vested shares (i.e. without capital gains) count towards the total proceeds £50,000 reporting threshold? And as result all disposal will have to be included in self-assesment even if the gains are under the annual exemption. -
Does same-day sale of vesting RSUs count towards total proceeds and trigger reporting?
I am a UK tax resident. My UK employer operates an RSU reward scheme related to their US-traded stock which vests regularly through a US broker. Does the same-day sale of the vesting RSU count towards the £50,000 report threshold? Example A: £60,000 of RSUs sold on the same day as vesting. Does the same-day sale have to be reported on my self-assessment? Example B: £45,000 of RSUs sold on the same day as vesting. An additional sale of £10,000 of a completely different stock (for example Vanguard ETF) is made the same year with capital gains under Annual Exemption. Do any of the sales have to be reported on the self-assessment?