Skip to main content

This is a new service – your feedback will help us to improve it.

  • Tax on startup shares from the US

    Few years ago I worked for some US Startup Company and I got the options of shares from it which I purchased from 1 USD when the US Startup Company was formed. Recently I got an email from them that the US Startup Company got offer to buy shares from the investor and was asked whether I would like to sell my shares. I have few questions about it: 1. I am UK resident since 10 years, so I assume I need to pay the taxes from this transaction in the UK - not US. Is that correct? 2.What UK taxes I need to pay while selling those shares? What are current rates ? 3. If I were sell shares today, when should I pay taxes - while selling the shares (with some few weeks deadline)? or while I will fill Self-Assessment for tax year 2021/22? 4. How should I declare that shares selling transaction to HMRC?