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TonyTax
TonyTax, Tax Consultant
Category: Tax
Satisfied Customers: 15914
Experience:  Inc Tax, CGT, Corp Tax, IHT, VAT.
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Are the disposal proceeds just shares I sold or does it

Resolved Question:

Are the disposal proceeds just shares I sold or does it include the shares the company sold to cover my taxes?
Submitted: 1 year ago.
Category: Tax
Expert:  TonyTax replied 1 year ago.
Hi.
Your disposal proceeds are the cash from the shares sold to pay the income tax and NIC, not the value of those retained.
I hope this helps but let me know if you have any further questions.
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