Company shares

ned_werby

Striker
Is there anyway of minimizing your tax liability when cashing in shares you own in your company under a 'matched contribution' scheme operated by your employer? (To complicate matters the shares will be traded on the NYSE).

Any advice appreciated....
 

MackemBob

Winger
Is there anyway of minimizing your tax liability when cashing in shares you own in your company under a 'matched contribution' scheme operated by your employer? (To complicate matters the shares will be traded on the NYSE).

Any advice appreciated....
Depends on how many you are cashing in. Iirc you get an annual allowance for capital gains. If the scheme is recognised a a Share Investment Pln then cgt May not be applicable anyway. What kind of order of magnitude are we talking here?
 
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zwartekat

Striker
Depends on the company share scheme. Not sure what you mean by 'matched contribution' but sounds like it could be either SIP or SAYE.

 

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