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CGT on sale of employee shares?

Practical Issues
Gilgongo
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CGT on sale of employee shares?

#447545

Postby Gilgongo » October 3rd, 2021, 6:05 pm

I joined a large US-owned but London-based company in 2008. Over that time I was awarded several tranches of shares in the company, which I kept after being made redundant 5 years later. I recently sold them via an online account with Morgan Stanley.

If the scheme was an Approved Share Incentive Plan (SIP) then I think I don't have to pay any CGT. But how do I tell?

No clues here: https://www.gov.uk/tax-employee-share-s ... plans-sips

EDIT: I've just remembered that the shares were referred to as RSUs. So maybe this is relevant instead:

https://frazerjames.co.uk/rsus-a-tech-employees-guide/

US shares though (and I had an up to date W8-BEN when I sold them)... Hm.

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