ljc123
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RE: How to declare vested RSU shares tax has already been paid ?
Hi there - similar to the above, I'm a UK tax payer and for the past two financial years, I've had some of my RSU shares (in the US) vest. On the vesting day, some released shares were sold to cover tax in the UK by my employer. In my February 2023 and February 2024 payslips, each recognises the values of shares vested as "taxable income from shares" . There's also a "net cash proceeds line" (not sure what this means). My gross pay is now artificially higher and so is my PAYE tax. I was hoping for some guidance as I continue to pay tax on a higher salary (but as pointed out by the OP above, I've already paid tax via Sell to Cover). I can't see anything that refers to the shares in my P60 either. How do I know if the tax on the vested shares has been declared and I'm paying the right tax?