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Where Taxpayers and Advisers Meet

CGT on selling EMI shares

Posts: 1
Joined: Wed Aug 08, 2018 8:54 am

CGT on selling EMI shares

Postby db002 » Thu Aug 09, 2018 10:12 am

I got EMI share options in a company. I have left a company and as such, exercised all of my vested options after leaving. Now, several months later this company is getting acquired by a large company and they are paying cash and assumed equity awards for company's outstanding shares, warrants and equity incentives on a fully-diluted basis.

I have been looking at how can I pay the tax once the acquisition has been completed and I have received a payment for my shares. I have been going through the GOV website which enables you to calculate CGT ( After completing the online form and entering all details, I can download the breakdown of everything including taxes I should pay based on the information provided. The page also provides an option to notify HMRC about my shares sale, so I can pay due taxes.

However, when entering the details on the website, there is no option to select or record that these are EMI shares. How can I notify HMRC about my share sale with ensuring that this is for EMI shares, and as such my CGT should be much lower?

Can anyone help or point me in the right direction?

All the info I have gone through:

Posts: 121
Joined: Tue Sep 26, 2017 6:28 pm

Re: CGT on selling EMI shares

Postby AdamS93 » Thu Aug 09, 2018 2:21 pm

Why do you believe your CGT should be much lower?

You would've qualified for entrepreneurs relief if you still worked for the company. As you left, they are treated like any other shares for CGT purposes - i.e. no special entrepreneurs relief available.

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