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  • RE: Restricted Stock Units - Taxation at vest

    Thanks for your reply. My company calculate taxes of my RSUs following the UK rules (including employer and employee NIC). That should mean that I do not have any tax credit relief. If that is the case, do I have to complete the foreign section anyway? Thanks!
  • Restricted Stock Units - Taxation at vest

    Hi, I have vested some RSUs in the 21-22 tax year from my US employer. Through the scheme, they process applicable taxes (income tax, employee NIC and employer NIC) via payroll at the point of vest. I chose to retain all shares, so I paid the amount of applicable taxes they calculated out of my savings (in other words: no RSUs have been sold to cover my taxation liability, I paid to retain 100% of the shares). I have not sold any share (neither at vest, nor afterwards). When I complete the Self Assessment, do I have to complete the "Foreign income details" section? Do I have to declare the amount of taxes I paid (out of my savings) so it lowers my taxable income? Thank you for managing this channel, this is really useful!