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Where Taxpayers and Advisers Meet

NIC on Stock Options

Posts: 4
Joined: Wed Aug 06, 2008 3:11 pm

Postby abm » Fri Jun 04, 2004 7:34 am


I'm a higher rate tax payer and have some US-based stock options. Do I need to pay NIC on these when I exercise them? If so, at what rate?

Thanks in advance.

Ian McTernan CTA
Posts: 1232
Joined: Wed Aug 06, 2008 3:02 pm
Location: Bedford

Postby Ian McTernan CTA » Sat Jun 05, 2004 2:39 am

This will depend on the type of scheme in which these were granted- if they were granted by your employer then they should be able to tell you (via their advisers) what your liabilities are.

Ian McTernan CTA
McTernan Associates Ltd
Chartered Tax Advisers
McTernan Associates Ltd
Chartered Tax Advisers
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