leahyd

Hello At my previous employer I was part of a SIP. I left that employer and some of my SIP shares were sold at the pay to pay my tax liability for taking the shares out of the SIP. What figure do I use for my self assessment? The letter from the scheme provider states amount liable for income tax and NI as ~£12,000 and taxable & NI-able (sic) amount as ~£5,000. Does this mean HMRC see that ~ 12k figure as additional income? Despite my not having the money just the share certificate?

Hello What are the tax implications for an individual who dies with shares still within the 5 year vesting period in a company Share Investment Plan. Area they still liable to CGT, PAYE tax and National Insurance?