If you receive shares, restricted stock units (RSUs), or share options from your employer, the UK tax position can become confusing very quickly. Different schemes are taxed in different ways, there might be foreign withholding tax to consider, and you can often face both Income Tax and Capital Gains Tax charges on the same share holding at different times.
At UK Tax Returns, we specialise in helping employees, executives, and internationally mobile professionals to understand and report their share-based rewards correctly. We explain how your awards are taxed in the UK, how this interacts with any foreign tax withheld, and how to report everything correctly on your Self Assessment return.
We handle the whole process for you – from reviewing your award documentation and vesting schedules, through to calculating income and gains, applying foreign tax credit relief where possible, and completing your UK tax return with clarity and confidence.
Working with UK Tax Returns provides the confidence that everything has been handled properly. Share schemes can be technically complex, plan documents can be written with a different tax jurisdiction in mind, and HMRC’s system does not explain how to deal with foreign withholding, multi-currency transactions, or overlapping income and gains.
Without specialist knowledge, it’s easy to misclassify income as gains (or vice versa), fail to claim foreign tax credits or apply apportionments for internationally mobile employees, and overlook reportable events altogether – any of which can lead to overpaid tax, penalties, or HMRC enquiries.
We ensure that your RSUs, share options, and other equity awards are correctly reflected in your UK tax return, and that any interaction with foreign taxes is handled as efficiently as possible.
Contact us today for professional support with RSUs, share options, and employee share schemes –with fixed fees agreed in advance.