Andrei

Dear HMRC, I am working for the UK subsidiary of a US publicly listed company. As part of my employment, I receive some compensation as Restricted Stock Units (RSUs) as well as participate in an Employee Stock Purchase Plan (ESPP), all of which are US shares. Whenever RSUs vest or I receive ESPP shares, my US broker (E*TRADE) sells a portion of them to cover for my UK income tax and national insurance. I have two questions: 1. If I were to sell these shares for USD and then use this currency to buy GBP, would I have to fill in a self assessment tax form even if the net capital gains of these transactions are under the £3,000 capital gains allowance for the 2024/2025 tax year (assuming no other capital gains from other sources)? 2. Am I correct in saying that if I only deal in shares and have net capital gains of over £3,000 I have until the January 2026 deadline to submit an online self assessment and declare all gains for the current tax year? Thank you for your help.