Shares and BR question

spenderblender

My hubby gets free shares from work and also pays into a share scheme through his wages. What I was wondering is this :-

1, We have had to sell some shares lately for the BR fees and also to pay other bits and bobs and,

2, He is still paying for other shares through his pay. These are tied up for 3 years after buying.

so do we have to inform OR of the fact that he has shares, obviously he will see for himself from the wageslips that he has them and, will we have to tell him/her that we have sold some lately? and can they put a hold on them to gain when they mature?

JCS1

spenderblender wrote: »

My hubby gets free shares from work and also pays into a share scheme through his wages. What I was wondering is this :-

1, We have had to sell some shares lately for the BR fees and also to pay other bits and bobs and, You will need to list this on the form, something about disposal recent asasets?

2, He is still paying for other shares through his pay. These are tied up for 3 years after buying. These will go to the OR, depends on the scheme rules but sometimes tou can cash them in early by paying income tax on thsm

so do we have to inform OR of the fact that he has shares, obviously he will see for himself from the wageslips that he has them and, will we have to tell him/her that we have sold some lately? and can they put a hold on them to gain when they mature?

Hope this helps.

wallopadonkey

sounds like tesco share save scheme
we had them too the or has stated he has an interest in ours so i would let them know

just got 490 quid or so at the moment but will be going lol

hth