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The gain on these shares will be subject to UK Capital Gains Tax (CGT) less your non cumulative Annual Exempt Amount (AEA) of 11.3K. This will be taxed at 18% or 28% or a combination of the teo rates depending on your income including the gain in the tax year of disposal. If this is a business venture and you are going out of the business altogether you may be entitled to Entrepreneurs' Relief which limits CGT to a flat rate 10%. As you are resident in the UK you have no US tax liability, but a with-holding tax may be imposed which, under the Double Taxation Treaty between the UK and the States, is allowable as a tax credit against your UK bill.
Where you have the funds paid is irrelevant.
I do hope that you have found my reply of assistance.
The gain to be taxed is what you receive net less the amount you paid for them less your AEA. As you are going out of the business Entrepreneurs' Relief will be available do your rate of CGT will be a flat 10%. The value of an unquoted share is what a third party is prepared to pay for it, no more and no less.
Sorry for the delay, I have been out shopping; even we experts have to live, you know!
Thank you for your support.
Thank you again very much, those are just the answers I was hoping for. So, good-bye (finished). Kind regards, ***** ***** By the way, apologies for asking for confirmation that you received my follow-up question - I asked that only because on my screen, the JustAnswers page didn't make it clear whether my follow-up question had in fact got sent off.
No problem, all sorted.