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Where Taxpayers and Advisers Meet

Tax on company stock options (UK CSOP)

Michael886
Posts: 4
Joined: Mon Apr 24, 2017 4:05 pm

Tax on company stock options (UK CSOP)

Postby Michael886 » Wed Oct 31, 2018 12:19 am

My current employer granted me a Stock Option package (UK Company Share Option Plan, CSOP) at the beginning of my employment, and all my stocks have now vested. As of January 1st this year I moved to Sweden from the UK and started working for my employer's Swedish entity. I now regard Sweden as my domicile.

There have been more than 3 years since the CSOP was granted and I would only need to pay capital gains tax as far as the HMRC is concerned.

My question is; what determines where and what I pay in tax? Is the tax date determined when the stock options are granted, vested, exercised or sold? Depending on which, is it the country I reside/resided in at the time that I pay taxes to?

As the CSOP is a UK scheme, would anything change since I started working under a Swedish employment contract?

Many thanks for the help.

AdamS93
Posts: 220
Joined: Tue Sep 26, 2017 6:28 pm

Re: Tax on company stock options (UK CSOP)

Postby AdamS93 » Wed Oct 31, 2018 7:58 am

I now regard Sweden as my domicile.
I doubt HMRC will agree (unless you mean residency which are two very different things).

Only UK residents pay UK CGT (on shares anyway).

If you return to the UK within 5 years of departure, you will potentially be caught by some anti-avoidance rules.

Michael886
Posts: 4
Joined: Mon Apr 24, 2017 4:05 pm

Re: Tax on company stock options (UK CSOP)

Postby Michael886 » Wed Oct 31, 2018 9:35 am

I doubt HMRC will agree (unless you mean residency which are two very different things).
I am a Swedish national and plan to stay indefinitely.


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