Pansartax
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RE: CGT on EMI Shares gains
Thank you. In these links it states: "Pay 10% Capital Gains Tax on qualifying profits if you sell all or part of your business", does that mean that in the example above 10% apply to all gains? -
CGT on EMI Shares gains
Hello, I am fortunate to have realized a significant gain on EMI share options I received with my employment. The net gain on these are in the region of £1.5m. I am getting some conflicting messages on tax on the gains of these, 10% on all gains or 10% up to £1m and 20% thereafter. What is the correct rate? Also, how do I bring this up in my Self Assessment? Do I just report the gain under BADR and tax is calculated automatically? What is the deadline post event that this needs to be done? Many Thanks.