Re: Is it possible to declare untaxed bonus income (shares) without a self assed retu
After a bit of research, I think I can declare these on a form 12. There are two sections which look like they could cover it:
Section 6: "Other payments - payments received on commencement of employment or in consideration of change in conditions of employment"
or
Section 7: "Benefits from Employment/Non Propreitary Directorships - Most benefits-in-kind are now taxed at source, however, payments under PRSAs and certain Shares are not. Any taxable benifits from these shares should be entered here."
Any advice would be very welcome if anyone knows where this should go.
Thanks,
Conor.