Walter_1968
Registered User
- Messages
- 5
Hello,
I'm new to the board and I have a question and hope that someone can help.
I work for a multinational company and a while ago I was awarded some Restricted Stock Units in batches that vest over a number of years and are deposited in a US broker account. My only income in the last 10 years + has been my Paye wage so I have never paid any external taxes and never did any tax return. I'm not even registered for the online tax facility.
The first batch of RSU vested on December 2017 and I sold them last week and started to check what tax I would have to pay. Unfortunately after a bit of research, it looks like that I wrongly assumed that the tax was only due at the time of the sale, but instead I should have paid the income tax back in December on the day when the stocks vested. I wonder how can I rectify and pay that now ? It’s a relatively small sum (around 1000 €) so I believe the tax will be around 50% ~500€
Thanks
Walter
I'm new to the board and I have a question and hope that someone can help.
I work for a multinational company and a while ago I was awarded some Restricted Stock Units in batches that vest over a number of years and are deposited in a US broker account. My only income in the last 10 years + has been my Paye wage so I have never paid any external taxes and never did any tax return. I'm not even registered for the online tax facility.
The first batch of RSU vested on December 2017 and I sold them last week and started to check what tax I would have to pay. Unfortunately after a bit of research, it looks like that I wrongly assumed that the tax was only due at the time of the sale, but instead I should have paid the income tax back in December on the day when the stocks vested. I wonder how can I rectify and pay that now ? It’s a relatively small sum (around 1000 €) so I believe the tax will be around 50% ~500€
Thanks
Walter