What is the CGT due on US shares sale that were purchased under and ESPP scheme

[Passport1]

Hi
How do work out the CGT due on US shares sale for shares purchased under and ESPP scheme

• I have the prices the shares were purchased at
• I have the prices the shares were sold at
• I have worked out the gain

What is the formula I need to apply to work out the CGT due to revenue on this share sale

Income tax due was paid at time purchase so only CGT due

Does this amount have to be paid to revenue with 30 days of sale settlement date?

Thanks

 

[jpd]

Tax due = (total gains in the year - 1270) x 33%. If you dispose of the shares between Jan 1 and Nov 30, tax is due in Dec. If you sold in Dec, tax is due in January

If you bought them before 2003, the cost can be indexed up to take account of inflation between the purchase date and 2003