Where to declare Capital losses on my US employer shares

[TheMotorcycleBoy]

Hi folks,

My employer is a multi-national, domiciled in the US. As part of my remuneration package I am granted shares, which are immediately taxed at source in UK at their value when they vest.

Until I dispose of the shares they are held in a US broker ETRADE account (setup by my employer, in my name). So I can either let their value (in USD) grow and watch their dividends appear, or dispose of them.

For simplicity I always dispose of them as soon as they vest, typically making a small loss in USD (a few hundred), and then I bring the $$ back to UK converting to ££ in the process.

Does anyone know where I can record the small losses that I make (in order that I use these to offset other gains in the future) on my SA forms. I have found SA-108, which I think is the correct form. At first I thought that the declaration should in the "Listed shares" section, but as the shares are listed abroad is this applicable to the "Unlisted" section?



Can anyone suggest which of the two sections above that I should put my figures into?

thanks Matt

[pochisoldi]

"Listed" = Listed on a recognised exchange.

If the shares are on NASDAQ or the NYSE, they are listed.
There may be other recognised US stock exchanges.

The difference in treatment is that it is much easier to get price information for listed shares.

[TheMotorcycleBoy]

Brilliant, thanks for this.

Matt