Confused about shares and tax, please help..

NerdyMcNerdface · 6 April 2019 at 8:44PM

UK based question.

So i have been given £75k's worth of LTIP RSP Shares, i understand this means Long Term Incentive Plan Restricted Shares.
They are only available to me in X years time.

I'm in a high tax bracket already.

How much tax will i have to pay on this when they come available to me and i want to offload them..I feel like i'm going to lose potential 50%> in tax.

Can someone break down how this works?

Whats the best way for me to deal with this?

Keep_pedalling · 7 April 2019 at 9:17AM

My understanding is that LTIP shares are treated as income for tax purposes. The complication is the restricted bit, which may effect the shares value for tax purposes.