How much capital gains tax you pay when selling company shares or share options for a profit depends on:
Simple. There is no tax to pay if your annual contributions to your ISA stayed in the £20k limit.
In this case the calculation is straightforward as well:
Use our capital gains tax calculator to work out how much you need to pay.
As long as you held them for the required time, there is zero capital gains tax to pay.
Read more in our guide to tax-efficient investments.
It all depends on your relationship to your employer:
|Type of shares||How you received them||Capital Gains Tax|
|your company’s common shares||you owned at least £2,000 worth of shares in your company||you only pay CGT on gains over £100,000 that you make during your lifetime|
|your company’s common shares||you owned at least 5% of the company||you might qualify for Entrepreneurs’ Relief and pay CGT at a reduced rate of 10%|
|your company’s common shares||through a Share Incentive Plan (SIP)||—|
|your or other companies’ publicly listed shares||through a Save As You Earn (SAYE) plan||—|
|your company’s share options||through a Share Option Plan||normal rate (on the difference between the exercise price and what you sold them for)|
|your company’s share options||through an Enterprise Management Incentive Plan (EMI)||normal rate (on the difference between the exercise price and what you sold them for)|
If the person giving you the shares was your spouse, then you don’t need to do anything.
Otherwise you need to calculate and pay CGT.
If you made a loss when selling shares, you can: