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  • SIP and Self Assessment

    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?